US stock market down at opening bell

ANKARA

US stocks were lower at the opening Wednesday as concerns about inflation and growth weigh on markets.

The Dow was down 294.4 points, or 0.90%, to 32,360 at 9.30 a.m. EDT (1330GMT). The S&P 500 lost 49.9 points, or 1.22%, to 4,039 points.

The tech-heavy Nasdaq fell 196.5 points, or 1.64%, to 11,788.

The yield on 10-year US Treasury notes rose 0.35% to 2.980%.

The VIX volatility index, known as the fear index, jumped 5.4% to 27,51. The dollar index rose 0.15% to 103.567.

Precious metals were down, with gold falling to $1,811 and silver shedding 0.68% to $21.60.

Global oil benchmark Brent crude was trading at $112.63, up 0.63%, while US benchmark West Texas Intermediate (WTI) was at $110.56 -- a 0.85% gain.

ANKARA

US stocks were lower at the opening Wednesday as concerns about inflation and growth weigh on markets.

The Dow was down 294.4 points, or 0.90%, to 32,360 at 9.30 a.m. EDT (1330GMT). The S&P 500 lost 49.9 points, or 1.22%, to 4,039 points.

The tech-heavy Nasdaq fell 196.5 points, or 1.64%, to 11,788.

The yield on 10-year US Treasury notes rose 0.35% to 2.980%.

The VIX volatility index, known as the fear index, jumped 5.4% to 27,51. The dollar index rose 0.15% to 103.567.

Precious metals were down, with gold falling to $1,811 and silver shedding 0.68% to $21.60.

Global oil benchmark Brent crude was trading at $112.63, up 0.63%, while US benchmark West Texas Intermediate (WTI) was at $110.56 -- a 0.85% gain.

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