US stock market opens mixed with high volatility

ANKARA

Major indexes in the US stock market open mixed on Wednesday with high volatility as indices were hovering between positive and negative territories after the first bell.

The blue-chip Dow dived 33 points, or 0.1%, to 34,545, while the S&P 500 decreased 3 points, or 0.07%, to 4,439 at 9.40 a.m. EDT. The two indices climbed to positive at 9.45 a.m. EDT.

The tech-heavy Nasdaq was down 16 points, or 0.11%, to 15,021 at the time.

The VIX volatility index, also known as the fear index, jumped 3.6% to 20.16 in a highly volatile session.

The yield on 10-year US Treasury notes rose 0.5% to 1.285%, while the dollar index fell 0.14% to 92.50.

Oil prices continued their increase with strong gains as Brent crude added 2.7% to $75.61 per barrel, and West Texas Intermediate rose 3% to $72.56.

Precious metals reversed course from gains in previous session. While gold fell 0.3% $1,798 per ounce, and silver declined 0.05% to $23.85.