US stock market opens mixed

US stock market opens mixed

Precious metals on rise, crude oil prices extend losses

By Ovunc Kutlu

ANKARA (AA) - Major indices in the US stock market opened mixed on Tuesday with the Dow Jones leading the way.

The blue-chip index was up 73 points, or 0.21%, to 35,164 at 9.43 a.m. EDT.

The S&P 500, on the other hand, fell 5 points, or 0.11%, to 4,478. The Nasdaq lost 4 points, or 0.3%, to 14,011.

The VIX volatility index, known as the fear index, rose further 0.22% to 22.91.

The dollar index gained 0.21% to 95.60, and the yield on 10-year US Treasury notes increased 2.3% to 1.960%.

Precious metals were on the rise, with gold adding 0.14% to $1,822 per ounce and silver rising 0.26% to $23.07.

Crude oil prices extended losses with a daily decline of 1.9%. Brent crude was trading at $90.93 per barrel, while the US benchmark West Texas Intermediate was at $89.58.

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