US stocks open lower Friday

US stocks open lower Friday

VIX volatility index jumps 4% to 20.98, crude oil prices down around 4%

By Ovunc Kutlu

ISTANBUL (AA) - US stocks opened Thursday on a lower note.

The Dow Jones plummeted 154 points, or 0.46%, to 33,542 at 9.58 a.m. EDT. The S&P 500 lost 37 points, or 0.91%, to 4,052.

The tech-heavy Nasdaq fell 137 points, or 1.16%, to start the day at 11,719

The VIX volatility index, also known as the fear index, jumped 4% to 20.98. The 10-year US Treasury yield, meanwhile, rose 1.1% to 3.886%.

The dollar index was up 0.5% to 104.39, while the euro trimmed 0.24% to $1.0642 against the greenback.

Precious metals were in negative territory with gold losing 0.4% to $1,829 an ounce and silver shedding 0.8% to $21.40.

Crude oil prices were down around 4% with global benchmark Brent crude at $82.03 per barrel and US benchmark West Texas Intermediate at $75.27.

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