Dow Jones fails to recover from 100-point loss

By Ovunc Kutlu

ANKARA (AA) - The Dow Jones failed to recover from a 100-point loss on Monday, starting the new week in negative territory.

The blue-chip index fell 184 points, or 0.57%, to end the day at 32,099 after it plummeted to as low as 31,972 during the session.

The S&P 500 decreased 27 points, or 0.67%, to close at 4,030, while the tech-heavy Nasdaq lost 124 points, or 1.02%, to reach 12,017.

The VIX volatility index, also known as the fear index, rose 2.3% to 26.14. The 10-year US Treasury yield was up 2.4% to 3.108%.

While the dollar index was flat at 108.81, the euro rose 0.34% to $0.9994.

Precious metals were in negative territory, with gold losing 0.05% to $1,737 and silver falling 0.7% to $18.77.

Oil prices were up. Global oil benchmark Brent crude was at $102.69 per barrel for a 3.7% gain, while US benchmark West Texas Intermediate (WTI) was up 4.1% to $96.91.