Dow Jones, S&P 500 close lower for 3rd straight day

Dow Jones, S&P 500 close lower for 3rd straight day

Indexes lose 0.76% each

By Ovunc Kutlu

ISTANBUL (AA) - The Dow Jones Industrial Average and S&P 500 closed lower Thursday for the third straight session.

The blue-chip Dow fell 252.40 points, or 0.76%, to finish at 33,044.56. The S&P 500 lost 30 points, or 0.76% to 3,898.85.

The tech-heavy Nasdaq dropped 104.74 points, or 0.96%, to close at 10,852.27.

The VIX volatility index, also known as the fear index, rose 0.9% to 20.52. The 10-year US Treasury yield added 0.6% to 3.397%.

The dollar index fell 0.3% to 102.08, while the euro gained 0.3% to $1.0830 against the greenback.

Precious metals were in positive territory, with gold rising 1.5% to $1,933 per ounce and silver gaining 1.6% to $23.86.

Crude oil prices were up, with global benchmark Brent crude gaining 1.6% to $86.33 per barrel and US benchmark West Texas Intermediate at $80.83 -- a 1.3% daily gain.

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