US stocks open Friday higher, trying to recover from previous losses

ISTANBUL

Major stock exchanges in the US stocks opened higher Friday, trying to recover from previous days' massive losses.

The Dow Jones was up 441 points, or 1.1%, to 40,376 at 9.37 a.m. EDT (1337GMT). The blue-chip index fell 504 points, or 1.25%, on Wednesday.

The S&P 500 increased 45 points, or 0.84%, to 5,444 after it lost 128 points, or 2.31% on Wednesday and an additional 28 points, or 0.51%, on Thursday.

The Nasdaq gained 145 points, or 0.85%, to 17,326 at the time. The tech-heavy index plummeted nearly 655 points, or 3.64%, on Wednesday, and another 160 points, or 0.93%, the day before.

The S&P 500 and the Nasdaq posted Wednesday their worst daily performance since 2022.

The VIX volatility index, also known as the "fear index," fell 5.8% to 17.39. The 10-year US Treasury yield declined 1.5% to 4.195%.

The dollar index decreased 0.07% to 104.28, while the euro rose 0.16% to $1.0861 against the greenback.

Precious metals were mixed, with gold adding 0.6% to $2,379 per ounce but silver decreasing 0.4% to $27.76.

Oil prices were down around 1%, with global benchmark Brent crude priced at $81.53 per barrel and US benchmark West Texas Intermediate at $77.49.