Sub for more: http://nnn.is/the_new_media | Stocks slumped, and VIX spiked following news that Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate Russia’s interference in the 2016 elections, the WSJ reports, adding that “this is a sign that his inquiry is growing in intensity and entering a new phase.” The grand jury is said to have begun work in recent weeks, suggesting Mueller’s inquiry is ramping up and “that it will likely continue for months.”

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