Stocks Volatile as Markets Anticipate Key Data

Understanding Volatility in the Stock Market
The past week was a rollercoaster for the stock market, especially for the S&P 500, which experienced both its worst and best single-day performances of the year. Concerns about a potential recession and international market sell-offs caused a spike in market volatility, resulting in a 3% drop. However, the market rebounded with a 2.3% rise, driven by a seemingly routine unemployment benefits report.