Nasdaq Jumps More Than 3% as VIX Falls on Hopes of Iran De-Escalation
U.S. stocks rallied while the VIX (Wall Street volatility gauge) dropped, reflecting improved market sentiment tied to hopes of reduced tensions involving Iran.
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Terms & Concepts
- VIX: The Cboe Volatility Index, widely used as a measure of expected stock market volatility and investor risk sentiment.
- Nasdaq: A major U.S. stock market index with heavy exposure to technology and growth companies.