Market Downturn Erases $350 Billion From S&P 500

The video discusses the recent performance of the S&P 500, noting a slight decline since its record high on September 18th. It highlights geopolitical concerns, particularly in Russia and the Mideast, and their potential impact on oil and markets. The video also covers the Federal Reserve's interest rate decisions and their implications. It reports on the NASDAQ's significant drop and the erasure of $320 billion from the S&P 500's value, with Apple contributing to the decline. The VIX index's rise is noted as a measure of market concern. The video concludes with an analysis of stock trends, mentioning the absence of a four-day losing streak this year despite recent declines.

What does a rise in the VIX indicate about market conditions?

What trend has been observed in stocks this year prior to the recent changes?