The stock market experienced a slight relief as losses began to ease off. The Dow Jones Industrial Average was down by 750 points, representing a 1.9% decrease. Similarly, the S&P 500 index saw a decline of 2.1%, while the Nasdaq Composite dropped by 2.5%.
Investor sentiment also showed signs of improvement as fears seemed to diminish. The VIX, commonly referred to as Wall Street's fear gauge, had reached approximately 34 after a significant surge to 65 earlier on Monday.
