S&P, Nasdaq close with losses for 4th day

S&P, Nasdaq close with losses for 4th day

Gold loses 0.9%, silver rises 0.4%

By Ovunc Kutlu

ISTANBUL (AA) - The S&P 500 and Nasdaq closed with losses for the fourth consecutive trading day on Wednesday.

The S&P 500 fell 29 points, or 0.58%, to end the day at 5,022. The Nasdaq plummeted 181 points, or 1.15%, to finish the session at 15,683.

The Dow Jones Industrial Average lost 45 points, or 0.12%, to close at 37,753.

The VIX volatility index, also known as the fear index, was down 1.03% to 18.21. The 10-year US Treasury yield fell 1.45% to 4.589%.

The US dollar index lost 0.3% to 105.94, while the euro remained unchanged at $1.0671 against the greenback.

Precious metals were mixed, with gold trimming 0.9% to $2,361 per ounce but silver rising 0.4% to $28.22.

Oil prices were in the red, with global benchmark Brent crude at $87.44 per barrel and US benchmark West Texas Intermediate at $82.86.

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