Wall Street is on track to rebound from the worst two-day tumble since President Trump’s election.
Dow futures climbed about 200 points on Wednesday morning, signaling the selloff earlier this week may turn out to be more of a blip than a more serious downturn. The Dow’s two-day loss of 2% was its worst since September 2016.
But the bounce back also shows how the markets have suddenly become a bit more turbulent. The VIX (VIX) volatility index has spiked nearly 30% this week to five-month highs.