The Dow suffered its worst daily point drop on record Monday, and briefly fell nearly 1,600 points intraday. The index recovered about half of Monday’s losses in a volatile Tuesday session, but has closed lower in each of the two days since.
On Friday, the Dow jumped 349 points in morning trading, fell 500 points later in the session, before closing 330 points higher.
The Cboe Volatility Index (.VIX) jumped Tuesday above 50 for the first time since the market turmoil of August 2015. It traded near 29 late Tuesday afternoon.
Dow Jones industrial average five-day performance