US stocks open Monday with gains

ISTANBUL

US stocks opened with gains on Monday.

The Dow Jones was up 140 points, or 0.37%, to 38,126 at 10.11 a.m. EDT (1411GMT). The S&P 500 rose 27 points, or 0.54%, to 4,994.

The Nasdaq increased 111 points, or 0.73%, to 15,393 at the time.

The VIX volatility index, also known as the fear index, fell 4.6% to 17.84. The 10-year US Treasury yield rose 0.5% to 4.635%.

The US dollar index added 0.15% to 106.31, while the euro shed 0.15% to $1.0638 against the greenback.

Precious metals were on the decline, with gold losing 2.3% to $2,336 per ounce and silver decreasing 4.2% to $27.48.

Oil prices fell around 0.5% with global benchmark Brent crude at $86.83 per barrel and US benchmark West Texas Intermediate at $81.84.