US stock market opens mixed Monday to kick off new week

US stock market opens mixed Monday to kick off new week

Precious metals in negative territory; gold loses 0.5%, silver falls 0.8%

By Ovunc Kutlu

ISTANBUL (AA) - Major exchanges in the US stock market opened mixed on Monday to kick off the new week.

The Dow Jones rose 15 points, or 0.05%, to 33,902 at 10.11 a.m. EDT.

The S&P 500, on the other hand, trimmed two points, or 0.02%, to open flat 4,139.

The Nasdaq fell seven points, or 0.06%, to 12,117 at the time.

The VIX volatility index, also known as the fear index, jumped 1.9% to 17.40. Meanwhile, the 10-year US Treasury yield rose 1.3% to 3.568%.

The dollar index added 0.5% to 102.06, while the euro lost 0.7% to $1.0921 against the greenback.

Precious metals were in negative territory, with the price of gold losing 0.5% to $1,993 per ounce and silver falling 0.8% to $25.16 an ounce.

Crude oil prices declined around 0.3% with the price of global benchmark Brent crude at $86.02 per barrel and US benchmark West Texas Intermediate crude price at $82.14.

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