US stocks close lower; Dow falls into negative territory

ISTANBUL

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&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.