Dow Tops 26k Again As VIX Tumbles

Zero Hedge -

Zero Hedge—The old playbook is back as VIX has been hammered back below 12 and into the red for the day, sparking just enough momentum (notably lower beta) to send The Dow back above 26,000... for now... The Nasdaq and S&P also just went green on the week, but Trannies and Small Caps remain down since Friday... A rebound in banks is helping, though Goldman remains the laggard...

Dow briefly tops 26,000 mark. (Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.