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US stock market ends strong after mixed opening

By September 16, 2021 1859
US stock market ends strong after mixed opening

Major indexes in the US stock market closed strong on Wednesday despite mixed opening with high volatility.

The blue-chip Dow soared 236 points, or 0.68%, to 34,814, while the S&P 500 increased 37 points, or 0.85%, to 4,480.

The tech-heavy Nasdaq jumped 123 points, or 0.82%, to 15,161.

Despite earlier gains, VIX volatility index, also known as the fear index, fell 6.7% to 18.16. The dollar index was down 0.16% to 92.48.

The yield on 10-year US Treasury notes, on the other hand, was up 1.5% to 1.299%.

Oil prices continued their increase with strong gains as Brent crude added 2.5% to $75.46 per barrel, and West Texas Intermediate rose 3.1% to $72.64.

Precious metals reversed course from gains in previous session. While gold fell 0.6% $1,793 per ounce, and silver declined 0.1% to $23.83./agencies

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