VIX is Higher, S&P Loses 200-DMA…, But Fear is Not at Extremes
The Dow Jones industrial average plunged 458.92 points to close at 23,644.19, with Intel as the worst performing stock in the index. Intel dropped 6.1 percent after Bloomberg reported Apple would use its own chips for Mac computers, ditching Intel. The S&P 500 dropped 2.2% to 2,581.88 and re-entered correction territory, with tech falling 2.5…
