VIX Spikes as Markets Pull Back (SPY) (QQQ) (DIA) (VXX)

Volatility on the S&P 500 advanced as markets pulled back Thursday. Heading into mid-day, the Dow (NYSE: DIA) was off by 1.25%, Nasdaq (Nasdaq: QQQ) shed 1.7%, and the S&P (NYSE: SPY) was lower by 1.3%. VIX, also known as the fear indicator, advanced nearly 20% to 15.75.

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