Record Highs

Monday, stocks rose 0.3% in Asia and in Europe. In the U.S., they climbed 0.8% on light volume. The VXO fell 9% to close at 11.80 and precious metals miners gained 2%. All three major U.S. stock indices recorded record highs.

Tuesday, stocks gained 0.9% in Asia, rose slightly in Europe, and ticked up 0.3% in the U.S. on light volume — another day and another set of closing record highs for the three major U.S. stock indices. This time, the Dow Jones Industrial Average also closed above the 19,000 benchmark. Wednesday, stocks rose slightly in Asia, were unchanged in Europe, rose slightly in the U.S. on low volume. The 10-Year U.S. Treasury Bond yield rose 2% to close at 2.36% while precious metals lost 2% and their miners fell about twice that amount.

Thursday, stocks fell in Asia 0.4% and gained 0.3% in Europe. Markets were closed in the U.S. for Thanksgiving. Friday, stocks rose 0.5% in Asia, 0.3% in Europe, and 0.4% in the U.S. on extremely low volume as the markets closed early for Black Friday. All three major indices closed at record highs.

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