![\"US-stocks-open-higher-despite-rising-dollar-index-rapidnews\"](\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/05\/US-stocks-open-higher-despite-rising-dollar-index-rapidnews-dailyrapidnews.jpg\")
<\/p>\nUS stocks opened higher on Friday to kick off the last trading day of May in a positive note despite rising US dollar index.<\/p>\n
The Dow Jones added 114 points, or 0.3%, to 34,578 at 9.43 a.m. EDT (1343GMT) with Microsoft adding 1.1%. The S&P 500 rose 11 points to 4,211 as Tesla gained 0.5%.<\/p>\n
<\/p>\n
The Nasdaq increased 70 points, or 0.5%, to 13,806 with AMC Entertainment and Blackberry soaring 23% and 9.7%, respectively.<\/p>\n
The VIX volatility index was down for a fifth consecutive day by 1.8% to 16.44. The yield on 10-year US Treasury also fell 0.9% to 1.596%.<\/p>\n
The dollar index, which shows the strength of the greenback against a basket of six other major currencies, however, showed a significant increase of 0.3% to 90.27 level.<\/p>\n
Bitcoin continued its volatile trading by shaving more than 7% to dive below $37,000. Ethereum lost over 8% to $2,590.<\/p>\n
Gold has resumed its rally by adding 0.1% to $1,898, but silver still remained weak by losing 0.4% at 27.72.<\/p>\n
\n<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"US stocks opened higher on Friday to kick off the last trading day of May<\/p>\n","protected":false},"author":1,"featured_media":11549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-11547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\n
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