US stock market opens mixed in weak trading

Yield on 10-year US Treasury notes up 1.2% to 1.644%

Ovunc Kutlu   | 23.11.2021
US stock market opens mixed in weak trading


Major indices in the US stock market opened mixed on Tuesday in a weak trading session before the Thanksgiving weekend.

The blue-chip Dow was up 30 points, or 0.1%, to 35,650 at 9.43 a.m. EDT, while the S&P 500 added 4 points, or 0.1%, to 4,686.

The tech-heavy Nasdaq, on the other hand, decreased 6 points, or 0.04%, to 15,848.

The VIX volatility index, known as the fear index, was up 2.2% to 19.59 at the time.

While the dollar index was almost flat at 96.52, the yield on 10-year US Treasury notes rose 1.2% to 1.644%.

Oil prices were up again by gaining more than 2% with Brent crude rising 2.6% to $81.79 a barrel and the US benchmark West Texas Intermediate crude adding 2.5% to $78.64.

Precious metals were down with gold losing 0.8% to $1,890 an ounce and silver falling 2.7% to $23.52.

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