US stock market closes Monday with losses

US stock market closes Monday with losses

VIX volatility index jumps 6% at 19.43

By Ovunc Kutlu

ISTANBUL (AA) – US stock market closed lower on Monday.

The Dow Jones was down almost 35 points, or 0.1%, to end the day at 33,891. The S&P 500 fell 25 points, or 0.61%, to 4,111.

The tech-heavy Nasdaq decreased 119 points, or 0.1%, to finish at 11,887.

The VIX volatility index, also known as the fear index, jumped 6% at 19.43, while the 10-year US Treasury yield rose 3.3% to 3.649%.

The dollar index added 0.7% to 103.61, while the euro lost 0.7% to $1.0727 against the greenback.

Precious metals were mixed, with gold increasing 0.1% to $1,867 per ounce but silver trimming 0.4% to $22.26.

Crude oil prices were up more than 1.4%, with global benchmark Brent crude at $81.34 per barrel and US benchmark West Texas Intermediate crude at $74.43.

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