Monday, stocks fell 0.9% in Asia, 1.7% in Europe, and 2% in the U.S. on high volume. The VXO shot up 18% to close at 21.19. Traders retreated as China retaliated to U.S. tariffs. The 10-Year U.S. Treasury bond rate fell 2% to close at 2.40. Precious metals gained 1% while their miners climbed three times that amount. Apple slid another 8% to close well below the 190 mark.
Tuesday, stocks fell 0.7% in Asia, gained 1% in Europe, and rose 0.7% in the U.S. on moderate volume. The VXO fell 7% to close at 19.52 while cryptocurrencies gained about 10%. Wednesday, stocks gained 0.5% in Asia and Europe. In the U.S., they gained 0.3% on moderate volume. The VXO fell 10% to close at 17.65 while Apple recaptured the 190 closing benchmark. The 10-Year U.S. Treasury bond rate fell 2% to close at 2.38. Cryptocurrencies continued their rally — this time rising about 15%.
Thursday, stocks closed little changed in Asia, gained 1.2% in Europe, and rose 0.7% in the U.S. on moderate volume. The VXO fell 9% to close at 16.19 while precious metals and their miners fell 1%. Friday, stocks closed unchanged in Asia, down 0.3% in Europe, and off 0.6% in the U.S. on moderate volume. The VXO moved up 5% to close at 17.03 while Apple again closed below the 190 level. Cryptocurrencies fell 10%.