US stock exchanges open Friday mixed

Precious metals post strong gains; oil prices up more than 3.3%

By Ovunc Kutlu

ISTANBUL (AA) - Major stock exchanges in the US opened mixed on Friday.

The Dow Jones was up 151 points, or 0.45%, to 33,781 at 10.14 am EDT. The S&P 500 rose eight points, or 0.2%, to 4,357.

The Nasdaq, on the other hand, decreased 15 points, or 0.11%, to 13,558.

The VIX volatility index, also known as the fear index, jumped 5.7% to 17.64. The 10-year US Treasury yield lost 1.7% to 4.631%.

The dollar index was almost flat at 106.58 while the euro lost 0.13% to $1.0511 against the greenback.

Precious metals posted strong gains, with gold adding 2.4% to $1,913 an ounce and silver soaring 3.5% to $22.60.

Oil prices rose more than 3.3%, with global benchmark Brent crude at $88.86 per barrel and US benchmark West Texas Intermediate at $85.70.

Kaynak:

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