US stock market opens higher

Major indices in the US stock market opened higher on Monday.

The Dow was up 27 points, or 0.1%, to 31,528 points at 9.33 a.m. EDT (1333GMT). The S&P 500 rose 5 points, or 0.13%, to 3,918.

The tech-heavy Nasdaq increased 18 points, or 0.16%, to 11,625.

The VIX volatility index, also known as the fear index, was up 3.4% to 28.16.

The dollar index fell 0.22% to 103.95, while the 10-year US Treasury yield increased 2.6% to 3.206%.

Precious metals were on the rise, with gold rising 0.12% to $1,830 and silver adding 0.9% to $21.33.

Crude prices were mixed. Global oil benchmark Brent crude was trading at $109.33 for a 0.2% gain, while US benchmark West Texas Intermediate (WTI) was at $107.50 – down 0.1%./aa

Last modified on Tuesday, 28 June 2022 03:09