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Dow Falls 1,000 Points, Vix Skyrockets Monday

Moomoo News ·  Aug 5 16:13

The market took a major hit Monday, with the Dow Jones Industrial Average Falling 1,033 points in one day and the Nasdaq dropping 7% over four days. Tech and consumer staples led the way lower, with Nvidia falling 6% and Amazon pulling back 4%.

A combination of worrying factors led to a $.VIX.US$ climbing 120% at one point, according to moomoo data.

Just past the 4 pm ET close, the   $.SPX.US$ fell 3%, the   $.DJI.US$ fell 2.60%, and the   $.IXIC.US$ fell 3.42%.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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