US stock market bounces back to close Thursday higher


Major indices in the US stock bounced back from previous day's losses to close Thursday higher.

The Dow Jones was up almost 372 points, or 1.17%, to 32,246. The S and P 500 rose 68 points, or 1.76%, to 3,960.

The tech-heavy Nasdaq increased 283 points, or 2.48%, to 11,717.

The VIX volatility index, also known as the fear index, plummeted 12% to 22.99, while the 10-year US Treasury yield rose 2.5% to 3.581%.

The dollar index fell 0.2% to 104.43, while the euro gained 0.3% to $1.0613 against the greenback.

Precious metals were mixed, with gold adding 0.1% to $1,910 per ounce but silver decreasing 0.3% to $21.70.

Oil prices rose more than 1%, with global benchmark Brent crude at $74.67 per barrel and US benchmark West Texas Intermediate at $68.28.

Source: Anadolu Agency