Gökhan Ergöçün
27 May 2022•Update: 27 May 2022
ISTANBUL
US stocks began Friday with gains amid positive figures from retailers and decreasing inflationary concerns.
The Dow was at 32,693 points, up 56 points from its previous close.
The S&P 500 earned 34 points to reach 4,091 points and the Nasdaq rose 165 points to 11,905 points.
The VIX volatility index, also known as the fear index, dropped 2.98% to 26.68 at 09.55 am Eastern Time (1355 GMT). The dollar index fell 0.32% to 101.5.
Precious metal prices posted increases, with gold rising 0.24% to $1,852.11 per ounce and silver 1.22% to $22.23 at 10.02 am (1402 GMT).
Global oil benchmark Brent crude was trading at $114.37, up 0.18% at 1350 GMT. West Texas Intermediate stood at $114.09 at 10.03 am (1403 GMT).
