US stock market opens Thursday with losses

By Ovunc Kutlu

ISTANBUL (AA) - Major US stock market exchanges opened with losses on Thursday.

The blue-chip Dow Jones was down 134 points, or 0.4%, to 33,763 at 10.20 a.m. in New York. The S&P 500 fell 19 points, or 0.48%, to 4,134.

The Nasdaq decreased 42 points, or 0.35%, to 12,114.

The VIX volatility index, also known as the fear index, soared 3% to 16.96. Meanwhile, the 10-year US Treasury yield shed 2% to 3.532%.

The dollar index fell 0.1% to 101.65, while the euro added 0.3% to $1.0985 against the greenback.

Precious metals were in positive territory with gold rising 0.6% to $2,007 per ounce and silver adding 0.4% to $25.39.

Oil prices were down more than 2%. The price of global benchmark Brent crude at $81.28 per barrel and US benchmark West Texas Intermediate crude was sitting at $77.45.