Dow Jones: Index and Ticker Symbol

dow jones: That move came as the Dow Jones Industrial Average DJIA, 1.03% the S&P 500 index SPX, 0.66% and the Nasdaq Composite Index COMP, 0.46% were on the verge of breaking above their all-time closing peaks, according to Market Watch. Read The volatility cavalry' is coming for the stock market, other assets, according to this chart The VIX itself, which uses S&P 500 options to measure trader expectations for volatility over the coming 30-day period and is often referred to as a guide to the level of investor fear, has declined by 67% after spiking above 36 back in December amid a brutal selloff at the end of 2018. The VIX VIX, -7.76% referring to index's ticker symbol, hit an intrasession low at 11.95 on Friday, marking its lowest level since Oct. 3, according to Fact Set data. However, stocks have U-turned higher, with the VIX, which tends to move inversely to stocks, turning south. The tone was seen as an about-face from the Fed's hawkishly received December meeting when it delivered its fourth rate increase of 2018, representing the ninth increase in borrowing costs for markets since the end of 2015. Gains for the market have been supported by an apparent reversal in policy by the Federal Reserve, which said a weakening global economy was giving it reason to pause interest-rate increases that had been seen as tightening financial conditions and roiling stock benchmarks. (news.financializer.com). As reported in the news.