U.S. Stocks Close Higher as VIX Falls on Iran De-Escalation Hopes
Wall Street weighed signs of possible easing in Iran-related tensions, while the VIX (U.S. stock market volatility index) declined alongside a broader rise in equities.
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Terms & Concepts
VIX: A widely followed index that measures expected stock market volatility based on S&P 500 options prices.
Market volatility: The degree of price fluctuation in financial markets over a given period, often used to assess risk sentiment.