What the Massive VIX Move Means

The Dow still finished in the red, though

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Market Recap
 
 

8/07/2019

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Stocks Pare Early Losses In Hectic Trading

By Josh Selway

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Despite heavy early selling and more weakness in Treasury yields, U.S. stocks managed to pare a large chunk of their losses by the close today, with the S&P 500 and Nasdaq rallying all the way back to finish the day in positive territory. The Dow traded down almost 600 points at its session lows, as fears about the health of the global economy kept buyers on the sidelines. Instead, the appetite for "safe haven" assets like gold stayed strong, though the VIX finished the day in the red.

Continue reading for more on today's market, including:

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