US stock market in negative territory Friday during mid-day trading

US stock market in negative territory Friday during mid-day trading

Oil prices lose more than 2%

By Ovunc Kutlu

ISTANBUL (AA) - Major indexes in the US stock market were in negative territory on Friday during mid-day trading.

The Dow Jones was down 187 points, or 0.58%, to 31,918 at 11.27 a.m. EDT.

The S&P 500 also fell 26 points, or 0.67%, to 3,922.

The tech-heavy Nasdaq decreased 101 points, or 0.86%, to 11,686.

The VIX volatility index, also known as the fear index, jumped 6% to 23.98, while the 10-year US Treasury yield fell 1.4% to 3.356%.

The dollar index rose 0.65% to 103.20, while the euro fell 0.77% to $1.0747 against the greenback.

Precious metals were mixed with gold flat at $1,994 per ounce, and silver rising 0.8% to $23.31.

Oil prices lost more than 2%, with global benchmark Brent crude steady at $74.26 per barrel and US benchmark West Texas Intermediate crude at $68.42.

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