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ECONOMY

US stock market higher Monday to kick off new week

ISTANBUL

Major exchanges in the US were higher on Monday to kick off the new week.

The Dow Jones was up 128 points, or 0.38%, to 34,226 at 10.59 a.m. EDT. The S&P 500 added 12 points, or 0.29%, to 4,181.

The Nasdaq increased 14 points, or 0.12%, to 12,241 at the time.

The VIX volatility index, also known as the fear index, lost 1.6% to 15.53. Meanwhile, the 10-year US Treasury yield rose 2.5% to 3.538%.

The dollar index added 0.35% to 102.01, while the euro lost 0.36% to $1.0981 against the greenback.

Precious metals were in negative territory, with the price of gold losing 0.3% to $1,983 per ounce and silver falling 0.2% to $24.99 an ounce.

Crude oil prices decreased around 1.6% with the global benchmark Brent crude price at $79.09 per barrel and the US benchmark West Texas Intermediate crude price at $75.40.

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