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ECONOMY

US stocks open Monday lower, following 4th straight winning week

ISTANBUL

US stock exchanges opened Monday with losses, following their fourth straight winning week.

The Dow Jones Industrial Average was down 39 points, or 0.11%, to 35,350 at 9.37 a.m. EDT.

The S&P 500 decreased 11 points, or 0.25%, to 4,558. The Nasdaq, meanwhile, lost 36 points, or 0.26%, to 14,214.

The VIX volatility index, also known as the fear index, was up 4% to 12.97 at the time. The 10-year US Treasury yield fell 0.6% to 4.455%.

The dollar index declined 0.1% to 103.41, while the euro shed 0.1% to $1.0929 against the greenback.

Precious metals were in positive territory, with gold adding 0.4% to $2,011 an ounce and silver increasing 1.5% to $24.70.

Oil prices fell around 0.6%, with global benchmark Brent crude at $79.95 per barrel and US benchmark West Texas Intermediate crude at $74.95.

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