Monday, stocks closed off slightly in Asia, down 0.7% in Europe, and down 0.3% in the U.S. on low volume. The 10-Year U.S. Treasury Bond yield fell 2% to close at 1.77. Precious metals miners bucked the trend and gained 2%.
Tuesday, stocks gained 0.9% in Asia, 1.4% in Europe, and 0.7% in the U.S. on low volume. Precious metals gained 1% while their miners shot up four times that amount. Turkey-stock IBM lost 3% as it released another dismal report of a continuing streak of revenue declines along with more accounting tricks.
Wednesday, oddly stocks rose 0.3% in Asia, Europe, and the U.S. on light volume. Thursday, stocks rose in Asia 0.4%, were up slightly in Europe, and closed nearly unchanged in the U.S. on low volume. Microsoft rose to an all-time high thanks to some non-GAAP accounting in their quarterly report. The VXO fell 5% to close at 14.01. Friday, stocks fell 0.6% in Asia, closed nearly unchanged in Europe, and fell slightly in the U.S. on very low volume for an options expiration date.