S&P, Nasdaq close lower to end 8-day winning streaks
VIX volatility index jumps 8.4% to 15.88
ISTANBUL
US stocks closed lower Tuesday with the S&P 500 and the Nasdaq ending their eight consecutive trading days of winning streaks.
The tech-heavy Nasdaq fell almost 60 points, or 0.33%, to finish the session at almost 17,817. The S&P 500 lost 11 points, or 0.2%, to close at 5,597.
The Dow Jones Industrial Average, meanwhile, decreased 61 points, or 0.15%, to end the day at nearly 40,835.
The VIX volatility index, also known as the fear index, jumped 8.4% to 15.88. The 10-year US Treasury yield fell 1.4% to 3.817%.
The US dollar index declined 0.51% to 101.37, while the euro rose 0.4% to $1.1130 against the greenback.
Precious metals were on the rise, with gold adding 0.5% to $2,516 per ounce and silver increasing 0.25% to $29.45.
Oil prices were down around 0.7%, with global benchmark Brent crude at $77.16 per barrel and US benchmark West Texas Intermediate at $73.09.
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