US stocks open higher with volatility declining

ANKARA

US stocks opened in higher territory Tuesday, recovering from high volatility in the previous session.

The Dow Jones was up 145 points to $31,105 points at 9.33 a.m. EDT (1433GMT) while the S&P 500 rose 12 to a new record of 3,868.

The Nasdaq increased 50 points to 13,686 with Twitter and Moderna gaining 2% on the tech-heavy index.

S&P 500 VIX index was up 21.5% Monday to 26.63 at one point -- a level last seen when former US President Donald Trump's supporters stormed the Capitol building Jan. 6.

VIX, also known as the fear index that shows volatility, was down almost 2% to 22.5 shortly after markets opened, providing investors more confidence despite global economic uncertainty caused by rising coronavirus cases.

Shares of General Electric soared 7% after the company said it projects generating $2.5-$4.5 billion in industrial free cash flow in 2021.

Johnson & Johnson saw shares climb nearly 4% after announcing that phase 3 trial results of its coronavirus vaccine would be released next week.

ANKARA

US stocks opened in higher territory Tuesday, recovering from high volatility in the previous session.

The Dow Jones was up 145 points to $31,105 points at 9.33 a.m. EDT (1433GMT) while the S&P 500 rose 12 to a new record of 3,868.

The Nasdaq increased 50 points to 13,686 with Twitter and Moderna gaining 2% on the tech-heavy index.

S&P 500 VIX index was up 21.5% Monday to 26.63 at one point -- a level last seen when former US President Donald Trump's supporters stormed the Capitol building Jan. 6.

Shares of General Electric soared 7% after the company said it projects generating $2.5-$4.5 billion in industrial free cash flow in 2021.

Johnson & Johnson saw shares climb nearly 4% after announcing that phase 3 trial results of its coronavirus vaccine would be released next week.