US stocks close lower; Dow falls into negative territory

US stocks closed lower Tuesday while the Dow dove into negative territory despite starting the day in the green. The Dow fell 37 points, or 0.12%, to finish at 32,394. The S and P 500 shed six points, or 0.16% to 3,971. The Nasdaq lost 52 points, or 0….

US stocks closed lower Tuesday while the Dow dove into negative territory despite starting the day in the green. The Dow fell 37 points, or 0.12%, to finish at 32,394. The S and P 500 shed six points, or 0.16% to 3,971. The Nasdaq lost 52 points, or 0.45%, to close the session at 11,716 after the tech-heavy index finished the previous day 0.47% in the red, as technology companies continued to suffer losses for a second consecutive day. The VIX volatility index, also known as the fear index, dove 3.1% to 19.96, while the 10-year US Treasury yield gained 0.6% to 3.549%. The dollar index lost 0.5% to 102.36, while the euro added 0.5% to $1.0850 against the greenback. Precious metals were on the rise — gold adding 0.9% to $1,974 per ounce and silver increasing 1.1% to $23.33. Crude oil prices rose around 0.8% with global benchmark Brent crude at $78.36 per barrel and US benchmark West Texas Intermediate crude at $73.46.

Source: Anadolu Agency

Total
0
Shares
Previous Article

‫Open Startup تربط بنجاح النظم البيئية في الشرق الأوسط وأفريقيا بالنسخة الثانية من أسبوع الغمر العالمي

Next Article

Saudi EXIM Bank Goes Live on Temenos Core Banking Platform

Related Posts

AI Smart Electromagnetic Generator unveiled at COP28

South Korea-based SEMP Group and Abu Dhabi-based Global Solutions for Project Management have launched this pathbreaking innovation that will shape the future of clean energy - the AI Smart Electromagnetic Generator (AISEG) at the 28th COP28 in Expo ...

DMCC kicks off 2024 global trade roadshow in London

DUBAI: DMCC, the world's flagship free zone and Government of Dubai Authority on commodities trade and enterprise, affirmed its goal of attracting greater levels of foreign direct investment (FDI) from the United Kingdom during the ninth edition of it...