US stocks open lower as Dow heads for best month in 46 years

ANKARA

The US stocks opened with losses on Monday to kick off the last trading day of October on a lower note, but the Dow Jones was heading for its best monthly gain in 46 years.

The blue-chip index was down 132 points, or 0.4%, to 32,731 at 9.47 a.m. EDT shortly after the opening day, but it has been up around 14% since the beginning of October -- its best monthly record since 1976.

The S&P 500 fell 32 points, or 0.83%, to 3,867 and the Nasdaq lost 133 points, or 1.2%, to 10,968. The indices gained 8% and 4%, respectively, during this month.

The VIX volatility index, also known as the fear index, was up 4.5% to 26.90. The 10-year US Treasury yield rose 1.1% to 4.056%.

The dollar index added 0.6% to 111.44, still around its highest in 20 years, while the euro lost 0.7% to $0.9893 against the greenback.

Precious metals were falling, with gold shedding 0.3% to $1,639 and silver losing 0.9% to $19.08.

Oil prices were on the decline with global oil benchmark Brent crude trading at $93.58 per barrel, down 0.2%. US benchmark West Texas Intermediate was around $87.66 – down 0.3%.

ANKARA

The US stocks opened with losses on Monday to kick off the last trading day of October on a lower note, but the Dow Jones was heading for its best monthly gain in 46 years.

The S&P 500 fell 32 points, or 0.83%, to 3,867 and the Nasdaq lost 133 points, or 1.2%, to 10,968. The indices gained 8% and 4%, respectively, during this month.

The VIX volatility index, also known as the fear index, was up 4.5% to 26.90. The 10-year US Treasury yield rose 1.1% to 4.056%.

The dollar index added 0.6% to 111.44, still around its highest in 20 years, while the euro lost 0.7% to $0.9893 against the greenback.

Precious metals were falling, with gold shedding 0.3% to $1,639 and silver losing 0.9% to $19.08.

Oil prices were on the decline with global oil benchmark Brent crude trading at $93.58 per barrel, down 0.2%. US benchmark West Texas Intermediate was around $87.66 – down 0.3%.