US stock markets moved lower in the latest trading session as major indexes recorded losses. The Dow Jones saw the biggest decline among the major benchmarks. Meanwhile the volatility index moved higher which signals rising market uncertainty.

The Dow Jones Industrial Average is currently at 47237.11. The index opened at 47690.76 during the session. It touched a high of 47711.26 before falling sharply. The lowest level recorded during the session was 47185.89. The index dropped 469.40 points which equals a decline of 0.98 per cent. Trading volume reached 181.75 million.

The S&P 500 index is trading at 6754.00. The benchmark opened at 6787.25. During the day it reached a high of 6812.19 and a low of 6747.19. The index lost 27.52 points which equals a decline of 0.41 percent.

Dow Jones drops 469 points as US markets weaken

The Dow Jones recorded the biggest decline among the major US indexes. The drop reflects selling pressure across several large companies in the index.

The Nasdaq Composite is trading at 22649.42. The index opened at 22771.27. During the session it reached a high of 22877.71 and a low of 22624.59. The index declined by 47.69 points which equals a loss of 0.21 percent. Trading volume reached 514.57 million.

The Russell Small Cap 2000 index is trading at 2524.99. It opened at 2539.75 and reached a high of 2560.54. The lowest level recorded was 2522.44. The index dropped 23.09 points which equals a decline of 0.91 percent.

VIX rises 2.73% signaling higher market volatility

Market volatility increased during the session. The S&P 500 volatility index also known as VIX is trading at 25.61.

The index opened at 24.90 and climbed to a high of 26.23 during the session. The lowest level recorded was 23.75. The index gained 0.68 points which equals an increase of 2.73 percent.

A rising VIX usually signals growing uncertainty among investors. When the volatility index climbs it often reflects increased hedging activity and market caution.

Overall the latest data shows US stock markets trading under pressure. The Dow Jones recorded the largest drop followed by the Russell Small Cap 2000. The S&P 500 and Nasdaq also ended the session in negative territory while the VIX moved higher indicating rising volatility in the market.