US stocks open lower

US stocks open lower

VIX volatility index jumps 10.9% to 17.49

By Ovunc Kutlu

ISTANBUL (AA) - US stocks opened Tuesday in the red.

The Dow fell 365 points, or 1.03%, to 35,109 at 10.08 a.m. EDT. The S&P 500 was down 41 points, or 0.91%, to 4,477.

The Nasdaq plummeted 162 points, or 1.16%, to 13,830.

The VIX volatility index, also known as the fear index, jumped 10.9% to 17.49. The 10-year US Treasury yield, meanwhile, fell 1.9% to 4.000%.

The dollar index rose 0.67% to 102.73, while the euro fell 0.58% to $1.0938 against the greenback.

Precious metals were in negative territory, with gold falling 0.6% to $1,926 per ounce and silver decreasing 1.7% to $22.73.

Oil prices were down more than 1.2%, with global benchmark Brent crude at $84.30 per barrel and US benchmark West Texas Intermediate at $80.93.


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