US stock exchanges open Wednesday lower

Gold declines 0.8%; oil prices down 1%

By Ovunc Kutlu

ISTANBUL (AA) - Major US stock exchanges opened lower on Wednesday.

The Dow Jones Industrial Average decreased 20 points, or 0.5%, to 41,230 as of 9.42 a.m. EDT (1342GMT).

The S&P 500 lost three points, or 0.06% to 5,622. The Nasdaq Composite fell 39 points, or 0.22%, to 17,715.

The VIX volatility index, referred to as the "fear index," climbed 1.5% to 15.66. The 10-year US Treasury yield rose 0.16% to 3.841%.

The US dollar index increased 0.6% to 101.14, while the euro lost 0.6% against the dollar, trading at $1.1117.

Precious metals were in negative territory. Gold fell 0.8% to $2,504 per ounce and silver lost 2.1% to $29.34 per ounce.

Oil prices decreased around 1%, with global benchmark Brent crude at $77.88 per barrel and US benchmark West Texas Intermediate at $74.75 per barrel.

Kaynak:

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