After managing to post gains on the first day of the week, major equity indexes in the US opened in the positive territory as risk flows continue to dominate the financial markets. Reflecting the upbeat market mood, the CBOE Volatility Index (VIX) touched its lowest level since early July at 15.
As of writing, the S&P 500 and the Dow Jones Industrial Average indexes were trading at new record highs, rising 0.42% and 0.25%, respectively. The Nasdaq Composite is up 0.71% at 15,338.
After the opening bell, all major sectors of the S&P 500 push higher with the Technology Index leading the rally by rising more than 1%.
Later in the session, the Conference Board's Consumer Confidence Index for October and September New Home Sales data will be featured in the US economic docket.