The market’s navigation of the U.S. election and Federal Reserve policy decision has seen investors sharply pare back bets on volatility. The CBOE VIX index, which measures expected volatility in the S&P 500 via option prices and is thus known as Wall ...

During Thursday's trading session, the broad market index gained 0.7% to close at a new record. The tech-heavy Nasdaq jumped 1.5% and ended the session above 19,000 for the first time. Meanwhile, the 30-stock Dow was marginally lower. The three major averages all hit intraday record highs during the session.