[Breaking] 'Ukraine Fear' Reversal to Rise in Sharp Drop... Nasdaq Up 3.34%
[Asia Economy New York=Special Correspondent Joselgina] The three major indices of the U.S. New York Stock Exchange all closed higher on the 24th (local time).
On this day, the Dow Jones Industrial Average rose 0.28% from the previous session to close the trading. The S&P 500 index, centered on large-cap stocks, increased by 1.49%, and the Nasdaq index, focused on technology stocks, rose 3.34% to close the session.
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The market, which had plunged due to news of Russia's invasion of Ukraine, reduced its losses in the afternoon and reversed to an upward trend. The Chicago Board Options Exchange (CBOE) Volatility Index (VIX), Wall Street's "fear index," which had surged to an annual high level in the morning, fell below the 30 level.
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