Industry

US stock market down to kick off week on lower note

Major indices in the US stock market opened with losses on Monday to kick off the new week on a lower note.

The Dow Jones was down 188 points, or 0.55%, to 34,241, while the S&P 500 fell 20 points, or 0.51%, to 4,050.

The tech-heavy Nasdaq decreased 44 points, or 0.4%, to 11,417.?

The VIX volatility index, also known as the fear index, soared 5.3% to 20.07.

The 10-year US Treasury yield, meanwhile, rose 1.5% to 3.557%.

The dollar index rose 0.1% to 104.60, around its highest in 20 years, while the euro added 0.2% to $1.0556 against the greenback.

Precious metals were down with gold losing 0.6% to $1,787 per ounce and silver plummeting 2.2% to $22.63.

Oil prices gained more than 2%. Global benchmark Brent crude was trading at $87.76 per barrel for a rise of 2.5%, while US benchmark West Texas Intermediate crude was around $87.17, up 2.7%.

Source: Anadolu Agency

Industry

US stock market down to kick off week on lower note

Major indices in the US stock market opened with losses on Monday to kick off the new week on a lower note.

The Dow Jones was down 188 points, or 0.55%, to 34,241, while the S&P 500 fell 20 points, or 0.51%, to 4,050.

The tech-heavy Nasdaq decreased 44 points, or 0.4%, to 11,417.?

The VIX volatility index, also known as the fear index, soared 5.3% to 20.07.

The 10-year US Treasury yield, meanwhile, rose 1.5% to 3.557%.

The dollar index rose 0.1% to 104.60, around its highest in 20 years, while the euro added 0.2% to $1.0556 against the greenback.

Precious metals were down with gold losing 0.6% to $1,787 per ounce and silver plummeting 2.2% to $22.63.

Oil prices gained more than 2%. Global benchmark Brent crude was trading at $87.76 per barrel for a rise of 2.5%, while US benchmark West Texas Intermediate crude was around $87.17, up 2.7%.

Source: Anadolu Agency