Stock selloff has started to cool

People walk by the New York Stock Exchange in the Financial District in New York City on August 5. 

Charly Triballeau/AFP/Getty Images

The stock market’s losses continued to ease off.

The Dow was 750 points, or 1.9% lower. The S&P 500 declined 2.1% and the Nasdaq Composite lost 2.5%.

Investors’ fear seemed to abate somewhat, too. The VIX, known as Wall Street’s fear gauge, was at roughly 34 after surging to 65 earlier Monday