- The major Wall Street indices continue to rise.
- The S&P 500 Index rises above 3,500 at the opening bell.
- All major sectors of the S&P 500 are operating in positive territory.
The major stock indices in the US. They began their fourth straight day in positive territory on Thursday, as risk appetite flows continue to dominate financial markets with Joe Biden creeping closer to winning the presidential election. At the time of writing, the S&P 500 Index was up 1.73% on the day to 3,502, the highest level since Oct. 16, and the Dow Jones Industrial Average rose 1.3% to 28,209. Finally, the Nasdaq Composite rose 2.4% to 12,061.
Confirming the rally in risk, the CBOE Volatility Index (VIX), Wall Street’s fear gauge, was down 8.52% on the day to 27.
The top 11 sectors of the S&P 500 are trading in positive territory after the opening bell. At the moment, the Materials Index and the Technology Index are up 3.4% and 2.6%, respectively. On the other hand, the Healthcare Index, which had the best performance on Wednesday, grew only 0.25%.
S&P 500 chart (daily)
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Credits: Forex Street
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