US stocks close mixed except Nasdaq; cryptocurrency down

By Ovunc Kutlu

ANKARA (AA) - US stocks closed mixed as major indices closed lower except Nasdaq and the cryptocurrency market plummeted, with decline in Bitcoin on Tuesday.

The Dow Jones industrial average plummeted 269 points, or 0.76%, to 35,100, while the S&P 500 fell 15 points, or 0.34%, to 4,520.

The Nasdaq, however, increased 10 points, or 0.07%, to 15,374 with a rise in tech stocks. While Airbnb rose 4.4%, AMC Entertainment soared 8.75%.

Despite a strong opening, ExxonMobil and Chevron lost 0.6% and 0.4%, respectively, while ConocoPhillips fell 0.5%.

Oil prices lost around 1% as Brent crude was at $71.6 per barrel and West Texas Intermediate trading at $68.4.

The VIX volatility index, also known as the fear index, was up 10.5% to 18.14. The yield on 10-year US Treasury notes rose 3.9% to 1.373%.

The dollar index was also up -- increasing 0.56% to 92.555.

Precious metals, on the other hand, showed losses of around 1.6% with gold falling to $1,793 per ounce and silver declining to $24.3.

After almost a 20% decline from its high earlier on Tuesday, Bitcoin recovered slightly to $46,600.