The US stock market is trading higher today. All major indices are in the green. Gains are steady but not very sharp. Volatility is also cooling down.
Dow Jones S&P 500 and Nasdaq show steady gains
The Dow Jones is at 47,171.47. It gained 225.06 points. That is a 0.48 percent rise. The index opened at 47,085.53 and touched a high of 47,428.12.
The S&P 500 is trading at 6,732.42. It is up by 33.02 points. This is a 0.49 percent increase. The index moved between 6,722.35 and 6,755.80 during the session.
The Nasdaq is at 22,480.04. It gained 105.86 points. That equals a 0.47 percent rise. The index saw a high of 22,569.64 and a low of 22,445.62.
Small cap stocks outperform broader market
The Small Cap 2000 index is leading the gains. It is at 2,524.72. It jumped 21.43 points. This is a strong 0.86 percent increase.
This shows smaller companies are seeing more buying interest. The movement is stronger compared to large cap indices.
VIX falls sharply indicating lower market fear
The VIX index is at 22.56. It dropped by 0.95 points. That is a 4.04 percent fall.
The index opened higher at 24.56 and moved down to 22.00. This signals reduced fear in the market.
Overall, the stock market is stable and positive. Gains are broad based. Lower volatility is supporting investor confidence.