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Major equity indexes in the US opened higher after closing the previous two sessions in the negative territory. As of writing, the S&P 500 was up 0.33% on the day at 4,365, the Dow Jones Industrial Average was rising 0.2% at 34,447 and the Nasdaq Composite was gaining 0.6% at 14,552.
Reflecting the improving market mood, the CBOE Volatility Index (VIX) is down nearly 3% at 19.36.
Among the 11 major S&P 500 sectors, the risk-sensitive Technology Index and the Communication Services Index both rise around 0.7% on a daily basis. On the flip side, the Energy Index is down 0.85%.
Earlier in the day, the data published by the US Bureau of Labor Statistics showed that the annual Consumer Price Index edged higher to 5.4% in September from 5.3% in August. Nevertheless, this reading doesn't seem to be impacting the risk sentiment.