US stocks mixed despite falling dollar, volatility

By Ovunc Kutlu

ANKARA (AA) - Major indexes in the US stocks market opened mixed Tuesday despite declines in American dollar and volatility index.

The Dow Jones was down 67 points, or 0.2%, to 34,260 at 10.38 a.m. EDT (1408GMT) despite investment banking major JPMorgan hitting an all-time high at $165 per share with a 0.4% increase.

The S&P 500 was flat at 4,164 with Tesla gaining 2.1%, while the Nasdaq rose 100 points, or 0.7%, to 13,479 with Twitter and Uber adding 3.3% and 5.5%, respectively.

The VIX volatility index was down 2% to below the critical level of 20 at around 19.31. The yield on 10-year US Treasury bonds, however, was up 0.4% to 1.647%.

US dollar index, which shows the strength of the greenback against a basket of six other major currencies, was down 0.3% below the strong support level of 90, and it was at 89.83.

Bitcoin saw its price plummet to just above the critical support level of $42,000 for the second day in a row, and it was trading around $42,900 at the time for a daily loss of 3.6%. The world's largest cryptocurrency by market cap has lost 35% of its value since it hit a record high level of $64,300 last month.