US stocks close higher for 4th straight day

Nasdaq increases 0.71%; VIX volatility index falls 5.3%

By Ovunc Kutlu

ISTANBUL (AA) - Major stock exchanges in the US ended Wednesday with gains at the close of the fourth straight session.

The Dow was up 65 points, or 0.19%, to finish at 33,804 and the S&P 500 added 18 points, or 0.43%, to 4,376.

The tech-heavy Nasdaq, meanwhile, increased 96 points, or 0.71%, to end the session at 13,659.

The VIX volatility index, also known as the fear index, fell 5.3% to 16.13. The 10-year US Treasury yield lost 2.1% to 4.556%.

The dollar index shed 0.05% to 105.77, while the euro added 0.13% to $1.0617 against the greenback.

Precious metals were in positive territory, with gold rising 0.7% to $1,873 an ounce and silver increasing 1% to $22.05.

Oil prices fell around 2%, with global benchmark Brent crude at $86.06 per barrel and US benchmark West Texas Intermediate at $83.70.





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