S&P 500 Index Extends Bounce, Opens Sharply Above 4,400

  • The major Wall Street indices are posting strong gains.
  • All major sectors of the S&P 500 are operating in positive territory.

After closing in positive territory on Wednesday, the main US stock indices They opened decisively higher as risk flows continue to dominate financial markets. Reflecting market optimism, the CBOE volatility index is down 6% to 17.50.

At time of writing, the S&P 500 Index was up 1% to 4,405, the Dow Jones Industrial Average was up 1.05% to 34,726, and the Nasdaq Composite was up 1.1% to 14,732.

All major sectors of the S&P 500 were up after the opening bell with the Health Index leading the rally with a daily gain of 1.65%. On the other hand, the financial index is up just 0.4% as US Treasury yields remain lower.

S&P 500 chart (daily)

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