NEW YORK: 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 and 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.
According to Anadolu Agency, the US dollar index slipped 0.45% to 103.42, while the EUR/USD exchange rate remained stable. Precious metals were in positive territory, with gold earning 0.27% to $2,743.99 per ounce and silver rising by 0.62% to $32.65 as of 1000 GMT. Oil prices also saw a slight increase of around 0.1%, with global benchmark Brent crude standing at $75.35.