15:00 ET Dow -233.68 at 9728.90, Nasdaq -48.67 at 2048.88, S&P -27.92 at 1038.19:
[BRIEFING.COM] Expectations for volatility have soared with this session's slide. In turn, the Volatility Index, often dubbed the "Fear Gauge," is up more than 23% this session. That surge marks the sharpest spike for the VIX this year. Additionally, the spike has taken the VIX to its highest level since July.
Heightened expectations for volatility come amid the S&P 500's worst single-session percentage drop since July.
Nasdaq -48.67 at 2048.88... NYSE Adv/Dec 372/2662... Nasdaq Adv/Dec 520/2128.
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