Nasdaq Composite Index

Dow industrials: Stocks saw their biggest weekly declines since 2011 with both the Dow Jones Industrial Average DJIA, -3.12% and the S&P 500 index SPX, -3.19% falling 5.8%, and the Nasdaq Composite Index COMP, -3.52% dropping 6.8%. The Dow industrials and the Nasdaq entered correction territory with both indexes more than 10% below their 52-week highs, according to Market Watch. With that, traders are scrambling like mad with options plays anticipating what they perceive will be wide swings in the market over the next month. Instead strategists are advising to buy into quality stocks and then hold on for the ride. The CBOE Volatility Index VIX, +46.45% had the largest weekly jump in its history last week. Caption outside of wrapper for normal article images Biggest weekly VIX jump ever. The so-called fear index skyrocketed 118% over the week to 28.03, its highest closing level since December 2011, after four straight days of a broad market selloff. (news.financializer.com). As reported in the news.