US stocks open with slight gains after GDP growth revised up

ANKARA

Major US stock indexes opened slightly higher Wednesday after economic growth for the third quarter was revised up.

The Dow Jones industrial average rose 8 points, or 0.02%, to 35,503 at 9.39 a.m. EDT. The S&P 500 was up 2 points to 4,650.

The Nasdaq was up 1 point to 15,340.

The US real gross domestic product (GDP) was revised to an annual rate of 2.3% for the third quarter, according to the Commerce Department’s third and a final reading. The second reading made last month was at 2.1%

The VIX volatility index, known as the fear index, was down 2.2% to 20.54 shortly after the opening bell.

The dollar index was down 0.28% to 96.22, while the yield on 10-year US Treasury notes fell 2.04% to 1.457%.

Precious metals were on the rise with gold adding 0.15% to $1,792 per ounce and silver increasing 0.5% to $22.63.

Crude prices were slightly up with Brent crude trading at $74.07 per barrel with a 0.15% gain, while US benchmark West Texas Intermediate crude was at $71.26 -- a 0.2% increase.