Markets go risk‑off: big index moves
Volatility spiked as the VIX rose and the Dow plunged ~792 points while the Nasdaq entered correction territory — headlines, not fundamentals, are driving 1–2% daily swings and forcing tactical rotations. (247wallst.com) (economictimes.indiatimes.com)
The CBOE VIX closed at 31.18 with an intraday high of 31.45 on March 27, signaling a marked jump in options-implied volatility for U.S. equities. (finance.yahoo.com) The Dow Jones Industrial Average fell 793.47 points to finish at 45,166.64 on March 27, registering one of the largest single-session point drops this month. (cnbc.com) The Nasdaq Composite slid 2.4% to 21,408.08 on March 26–27 and is now down roughly 11% from its October record, confirming a correction for the tech-heavy index. (money.usnews.com) Brent crude climbed above $110 per barrel during the session, trading around $110.91 as energy-risk concerns tied to Middle East supply routes intensified. (tradingeconomics.com) The 10‑year Treasury yield moved up toward 4.46% while two‑year yields sat near 3.91%, reflecting a steeper short‑end response to “higher-for-longer” rate expectations. (investing.com) (tradingeconomics.com) Sector flows showed energy outperforming as megacap tech names weighed on indexes, with NVIDIA cited among notable decliners after falling about 4.2% and broader tech weakness driving the weekly rout. (bloomberg.com) (zacks.com)
