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Wall Street today: US stocks edge lower, Treasury yields gain | Stock Market News
Source: Live Mint
US stocks edged lower on Tuesday as investors assessed a host of mixed earnings, while Treasury yields gained.
At the opening bell, the Dow Jones Industrial Average fell 177.91 points, or 0.42%, to 42,209.66. The S&P 500 fell 7.34 points, or 0.13%, to 5,816.18, while the Nasdaq Composite rose 8.9 points, or 0.05%, to 18,576.088.
Bullion
Gold prices were near all-time high on Tuesday, aided by US election uncertainty and hopes of an interest rate cut by the Federal Reserve in November.
Spot gold was up 0.3% to $2,750.87 per ounce as of 1114 GMT. US gold futures gained 0.3% to $2,763.40.
Spot silver was up 1.3% to $34.13 per ounce.
Crude oil
Oil prices rose more than 1% on Tuesday, as US plans to buy oil for the Strategic Petroleum Reserve.
Brent crude futures climbed 94 cents, or 1.32% to $72.36 a barrel by 1237 GMT, while US West Texas Intermediate crude was 98 cents, or 1.45%, higher at $68.36 a barrel.
