U.S. stocks opened lower in what may be another volatile session for investors following the massive swings experienced Monday.
The Dow Jones Industrial Average fell over 500 points or 1.6%, while the S&P 500 and Nasdaq Composite lost over 2%.
Declines today follow Monday’s wild turnaround, which had the Dow rebound from a 1,000-plus-point drop and also followed a three-week decline for the S&P 500, concluding with its worst weekly stretch since the start of the pandemic.
The VIX Index, the so-called fear gauge, is on pace for the 7th straight day of gains, the longest winning streak since October 2020.
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