Dow Closes Lower For 6Th Straight Day, Longest Losing Streak In 10 Months

The Dow Jones closed lower Monday for the sixth consecutive trading day, recording its longest losing streak since last June.

The blue-chip index declined 248 points, or 0.65%, to finish the day at 37,735. The S&P 500 fell 61 points, or 1.2%, to 5,061.

The Nasdaq plummeted 290 points, or 1.79%, to end the session at 15,885.

The VIX volatility index, also known as the fear index, soared 11.1% to 19.23. The 10-year US Treasury yield jumped 2.46% to 4.610%.

The US dollar index climbed 0.16% to 106.20, while the euro gained 0.02% to $1.0625 against the greenback.

Precious metals were on the rise, with gold adding 1.6% to $2,383 per ounce and silver rising 3.5% to $28.87.

Oil prices were flat with global benchmark Brent crude at $90.38 per barrel and US benchmark West Texas Intermediate at $85.65. -