Stocks Creep Higher

Monday, stocks rose 0.4% in Asia and 0.6% in Europe and in the U.S. on light volume. The VXO fell 9% to close at 13.81. The 10-Year U.S. Treasury bond yield rose 3% to close at 1.79. The S&P 500 Index closed above the 3000 benchmark. Apple closed above its 240 benchmark. Precious metals miners fell 2%.

Tuesday, stocks in Europe gained slightly, but those in Asia and the U.S. closed little changed on light volume. The VXO moved up 5% to close at 14.56. Both the S&P 500 Index and Apple closed below recent benchmarks of 3000 and 240 respectively.

Wednesday, stocks in Asia closed down slightly, were little changed in Europe, and gained 0.3% in the U.S. on light volume. Both the S&P 500 Index and Apple closed back above recent benchmarks of 3000 and 240 respectively.

Thursday, stocks gained 0.3% in Asia, 0.6% in Europe, but closed unchanged in the U.S. on light volume. Precious metals gained 1%. Their miners moved up three times that amount.

Friday, stocks in Asia closed little changed but rose slightly in Europe and the U.S. on light volume. The VXO fell 8% to close at 12.60. The 10-Year U.S. Treasury bond yield rose 2% to close at 1.80.

Leave a Reply

Your email address will not be published. Required fields are marked *