Dow closes lower for 6th straight day, longest losing streak in 10 months

VIX volatility index soars 11.1%; 10-year US Treasury yield jumps 2.46%

By Ovunc Kutlu

ISTANBUL (AA) - The Dow Jones closed lower Monday for the sixth consecutive trading day, recording its longest losing streak since last June.

The blue-chip index declined 248 points, or 0.65%, to finish the day at 37,735. The S&P 500 fell 61 points, or 1.2%, to 5,061.

The Nasdaq plummeted 290 points, or 1.79%, to end the session at 15,885.

The VIX volatility index, also known as the fear index, soared 11.1% to 19.23. The 10-year US Treasury yield jumped 2.46% to 4.610%.

The US dollar index climbed 0.16% to 106.20, while the euro gained 0.02% to $1.0625 against the greenback.

Precious metals were on the rise, with gold adding 1.6% to $2,383 per ounce and silver rising 3.5% to $28.87.

Oil prices were flat with global benchmark Brent crude at $90.38 per barrel and US benchmark West Texas Intermediate at $85.65.

Kaynak:

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