Monday, stocks closed nearly unchanged in Asia and the U.S. but 0.3% in Europe on light volume. The 10-Year U.S. Treasury Bond yield rose 2% to end at 2.96. Tuesday, stocks rose 0.7% in Asia, 0.9% in Europe, and 0.3% in the U.S. on moderate volume.
Wednesday, stocks rose 0.6% in Asia but fell 0.3% in Europe and gained 0.7% in the U.S. on moderate volume. After the close, two key news items hit the wire:
Thursday, stocks closed little changed in Asia, but rose 0.9% in Europe — cheered by a U.S. E.U. trade agreement. In the U.S., stocks rose slightly — despite the record loss of Facebook market capital. Friday, stocks rose slightly in Asia, gained 0.4% in Europe, and fell 0.3% in the U.S. on moderate volume despite big losses with Twitter. Good news on GDP (starts at 22:30) likely softened the blow.