Subsequently, the technology sector had a great run and the Technology Select Sector SPDR ( XLK ) jumped 2.8%. With investors receiving strength from positive corporate results and optimistic comments from the central bank, the fear-gauge CBOE Volatility Index (VIX) declined 7.1% to settle at 16.82. After a meeting with Federal Open Market Committee in Washington, Ben Bernanke commented: "We remain prepared to do more as needed to make sure that this recovery continues and that inflation stays close to target".