Amid ongoing elections, US stock markets post positive signals
Major US share markets close Tuesday with gains while 'fear index' drops
By Gokhan Ergocun
ISTANBUL (AA) — US stocks closed with gains on Tuesday amid the ongoing US presidential elections.
The Dow Jones industrial average rose 427.28 points, or 1.02%, to finish the day at 42,221.88.
The S&P 500 added 70.07 points, or 1.23%, to reach 5,782.76. The Nasdaq also increased 259.19 points, or 1.43%, to end at 18,439.17.
The VIX volatility index, referred to as the "fear index," fell 6.78% to 20.49.
The US dollar index slipped 0.45% to 103.42, while the EUR/USD exchange rate was stable.
Precious metals were in positive territory. Gold earned 0.27% to $2,743.99 per ounce and silver rose by 0.62% to $32.65 as of 1000 GMT.
Oil prices increased around 0.1%, with global benchmark Brent crude at $75.35.
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