Whats Behind the Stock Market Downturn?

The transcript discusses the complexities of market movements, highlighting Apple's significant impact on losses due to issues with its products. It also touches on global events like Russia's potential asset seizures and Iraq's security concerns, which contribute to market anxiety. Despite these factors, the VIX index remains low, puzzling analysts who expected higher volatility. The discussion concludes with insights from Mike Regan, Bloomberg's stocks editor.

What psychological impact did Alibaba's IPO have on the market?

What was noted about the VIX in relation to the market drop?