Volatility Index Climbs 8% to One-Week High as Nasdaq 100 Falls 1%
The VIX (market volatility gauge) surged to its highest level in a week, coinciding with a broad decline in the Nasdaq 100 index.
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Terms & Concepts
- VIX: Also known as the Volatility Index, it measures market expectations of near-term volatility implied by S&P 500 index options.
- Nasdaq 100: A stock market index comprising 100 of the largest non-financial companies listed on the Nasdaq exchange, often used to gauge tech sector performance.