US stocks open higher, on recovery from last week's losses

ANKARA

Major indexes in the US stock market opened higher on Monday as they were trying to recover from last week's losses.

The Dow Jones was up 145 points, or 0.4%, to 34,353 at 9.43 a.m. EDT (1343GMT). The S&P 500 increased 29 points, or 0.7%, to 4,184. The Nasdaq soared 142 points, or 1%, to 13,613 with Twitter, Moderna and Novavax adding 2% apiece.

Although the tech-heavy Nasdaq snapped a 4-week losing streak on Friday's close, the Dow and the S&P 500 posted a second consecutive week of losses.

The recovery in the indexes came as the VIX volatility index was down 3.8% to 19.38 level, which showed that investors' appetite has increased for riskier assets.

Bitcoin bounced back to $38,000 at the time with a 12.5% daily gain, after the world's leading crypto briefly tanked below $30,000 last week.

US dollar index, which shows the strength of the greenback against a basket of six other major currencies, was down 0.2% to 89.83 at the time. Euro was up against the dollar 0.2% with 10.25.

While gold was flat at $1,882 per ounce, silver was $27.78 at the time with a 0.8% daily increase.

ANKARA

Major indexes in the US stock market opened higher on Monday as they were trying to recover from last week's losses.

Although the tech-heavy Nasdaq snapped a 4-week losing streak on Friday's close, the Dow and the S&P 500 posted a second consecutive week of losses.

The recovery in the indexes came as the VIX volatility index was down 3.8% to 19.38 level, which showed that investors' appetite has increased for riskier assets.

Bitcoin bounced back to $38,000 at the time with a 12.5% daily gain, after the world's leading crypto briefly tanked below $30,000 last week.

US dollar index, which shows the strength of the greenback against a basket of six other major currencies, was down 0.2% to 89.83 at the time. Euro was up against the dollar 0.2% with 10.25.

While gold was flat at $1,882 per ounce, silver was $27.78 at the time with a 0.8% daily increase.