Stock Market Today: Dow rises modestly as stocks aim for weekly gains in post-Fed rally
The U.S. stock market’s volatility gauge continued to fall Friday in a sign of investor relief after the Federal Reserve kicked off its interest-rate cutting cycle.
The Cboe Volatility Index was down more than 3%, at 15.83 in afternoon trading, according to FactSet data, at last check. The index hasn’t closed below 16 since the end of August, the data show.