US stock market opens lower except for Dow Jones

by Anadolu Agency

ANKARA

Major indices in the US stock market opened with losses on Monday, except for the Dow Jones.

The blue-chip index increased 16 points, or 0.05%, to 33,762 at 9.44 a.m. EDT (1444GMT).

While the S&P 500 fell 13 points, or 0.34%, to 3,951, the Nasdaq lost 52 points, or 0.48%, to hit 11,093.

The VIX volatility index, also known as the fear index, rose 1.9% to 23.55. The 10-year US Treasury yield declined 1.1% to 3.776%.

The dollar index added 0.7% to 107.70, still around its highest in 20 years, while the euro fell 0.8% to $1.0243 against the greenback.

Precious metals were down, with gold falling 0.5% to $1,741 per ounce and silver shedding 0.7% to $20.80.

Oil prices plummeted more than 5%. Global benchmark Brent crude traded at $82.93 per barrel for a loss of 5.4%. US benchmark West Texas Intermediate crude was around $75.83, down 5.3%.

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