Breaking News: Dow Jones Industrial Average advances to highest level since early February

Boosted by the improved market sentiment, which is confirmed by a 6% drop in the CBOE Volatility Index, the Dow Jones Industrial Average rose to its highest level since February 1st at 26,272 points. As of writing, the index was up 0.8% on the day at 26,268 points. Meanwhile, the S&P 500 and the Nasdaq Composite indexes are up 0.75% and 1.1%, respectively.