Dow posts all-time closing high, Nasdaq dips as Snap shares drop by record

Stocks were mixed on Friday as investors digested new commentary on asset-purchase tapering and inflation from Federal Reserve Chair Jerome Powell, amid a slew of fresh earnings reports from major…

Opinion: What the stock market’s ‘black swan’ index hitting an all-time high tells us

In late June the CBOE’s SKEW Index — a.k.a the “black swan” index — hit an all-time high. That reading was more than 40% higher than its average since 1990,…