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Dow Drops 650 Points as Nasdaq Falls 2% Amid Renewed Tech Selloff

Major U.S. stock indexes declined sharply, with technology shares leading losses as market volatility rose again.

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Terms & Concepts
  • VIX: The Volatility Index, often called the 'fear gauge,' measures market expectations of near-term volatility based on S&P 500 options.
  • Nasdaq: A U.S. stock exchange heavily weighted toward technology and growth companies.
  • SPY: An exchange-traded fund (ETF) that tracks the performance of the S&P 500 Index.