US shares start with decreases, declining from monthly peak| MENAFN.COM

Thursday, 02 February 2023 10:51 GMT

US shares start with decreases, declining from monthly peak


(MENAFN) US shares started Tuesday’s session with decreases as indices declined from their peakiest level in a month.

The Dow Jones declined 164 points, or 0.49 percent, to reach 33,465 at 10.00 a.m. EDT (1500GMT).

The S&P 500, in the meantime, dropped 18 points, or 0.45 percent to stand at 4,001.

The tech-heavy Nasdaq was 25 points lower, or 0.22 percent, to 11,338 points.

All three indexes climbed on Monday to end at their peakiest rates in a month.

The VIX volatility index, also known as the fear index, lost 2.4 percent to reach 20.29, whereas the 10-year US Treasury yield jumped 0.6 percent to reach 3.545 percent.

The dollar index gained 0.15 percent to 102.29, while the euro, on the other hand, fell 0.2 percent to USD1.0845 on contrast to the dollar.

Precious metals were in the red side, with gold sliding 0.5 percent to reach USD1,922 an ounce and silver decreasing 0.7 percent to reach USD23.30.

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