US stock market kicks off November with record highs

By Ovunc Kutlu

ANKARA (AA) - Major indices in the US stock market opened higher Monday to kick off the month of November with record highs.

The blue-chip Dow Jones climbed to a record high of 36,000 points at 9.33 a.m. EDT with JPMorgan and Morgan Stanley adding over 1.4% apiece.

The S&P 500 rose 0.3% to an all-time high of 4,620.34 points. Tesla stock price jumped 1.9%.

The Nasdaq also hit a record high of 15,541.53 points.

The yield on 10-year US Treasury notes was up 2.9% to 1.601%, while the US dollar index decreased 0.07% to 94.06.

The VIX volatility index, known as the fear index, rose 4.2% to 16.95.

Price of international benchmark Brent crude was trading at $84.98 with a 1.5% gain, the US benchmark West Texas Intermediate was up 1.5% to $84.81.

Precious metals were on the rise with gold adding 0.3% to $1,788 per ounce and silver increasing 0.4% to $23.98.

Bitcoin was trading around $62,000 with a 2.5% gain.