US stocks close with gains
Bitcoin fails to recover from major decline
By Ovunc Kutlu
ANKARA (AA) - Major indices in the US closed with gains Tuesday, recovering partially from last week's losses.
The Dow Jones was up 54 points, or 0.15%, to 36,142. The S&P 500 rose 18 points, or 0.39%, to 4,700.
The Nasdaq increased 120, or 0.76%, to 15,973.
The VIX volatility index, known as the fear index, reversed course and declined 0.3% to 16.44.
The yield on 10-year US Treasury notes rose 0.77% to 1.633%, while the dollar index was up 0.54% to 95.92.
Oil prices were up with international benchmark Brent crude adding 0.55% to $82.50 per barrel. US benchmark West Texas Intermediate rose 0.1% to $79.83.
Precious metals were down with gold losing 0.66% $1,850 per ounce and silver shedding 1% to $24.82.
After plummeting to as low as $58,574 at 5 a.m. EDT and losing 7.8% of its value, Bitcoin failed to recover as the world's largest cryptocurrency was trading around $60,450 with a 5.2% loss.
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