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The only sure thing in the stock market Wednesday was volatility.
The CBOE Market Volatility Index, or VIX, spiked to a four-year high intraday Wednesday at 26.21, and the S&P 500 briefly traded below its 200-day moving average of 1449.79.
But the so-called fear index fell from its highs to end up 1% at 23.75. Major averages rebounded from steep intraday losses, as the bulls resumed their "buy-the-dip" mentality, particularly in the last hour of trading. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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