US stock market opens mixed Monday to kick off 2nd quarter

ISTANBUL

US stock exchanges opened mixed Monday to kick off the first trading day of the second quarter.

The Dow Jones jumped 286 points, or 0.86%, to 33,560 at 9.52 a.m. EDT. The blue-chip index gained 0.38% in the first quarter, while it increased 1.89% during the month of March.

The S&P 500 rose 10 points, or 0.25% to 4,119. The index increased 7% during the January-March period, while it rose 3.5% last month.

The Nasdaq, on the other hand, decreased 29 points, or 0.24%, to 12,192. The tech-heavy index jumped 16.7% during January-March period. It rose 6.7% in March.

The VIX volatility index, also known as the fear index, jumped 3.6% to 19.38, and the 10-year US Treasury yield lost 0.05% to at 3.488%.

The dollar index fell 0.24% to 102.25, while the euro rose 0.44% to $1.0887 against the greenback.

Precious metals were mixed, with gold adding 0.4% to $1,977 per ounce, but silver trimming 0.6% to $23.94.

Crude oil prices soared more than 6%, with global benchmark Brent crude at $85.02 per barrel and US benchmark West Texas Intermediate at $80.58.