US stocks opened higher Wednesday as the annual consumer inflation figure showed a slowdown. The Dow Jones rose 155 points, or 0.46%, to 33,830 at 10.30 a.m. EDT. The S and P 500 added 15 points, or 0.39%, to 4,125. The tech-heavy Nasdaq increased 40 points, or 0.34%, to 12,071. Annual consumer inflation in the US came in at 5% in March, significantly easing from 6% in February, according to figures released earlier. The VIX volatility index, also known as the fear index, fell 1.3% to 18.86. Meanwhile, the 10-year US Treasury yield shed 0.2% to 3.426%. The dollar index trimmed 0.6% to 101.53, while the euro gained 0.7% to $1.0984 against the greenback. Precious metals were mixed with gold flat at $2,002 per ounce and silver adding 0.4% to $24.14. Oil prices increased more than 1%, with global benchmark Brent crude at $86.58 per barrel and US benchmark West Texas Intermediate crude at $82.39.
Source: Anadolu Agency