Monday, stocks fell in Asia 2.2% and in Europe 0.3%. In the U.S., stocks gained 0.6% on massive volume.The VXO fell 5% to close at 33.94. Precious metals miners rose 3%. The Fed announced it would buy corporate bonds directly and not just through the designated ETFs it had previously specified.
Tuesday, stocks shot up 3.2% in Asia, 2.9% in Europe, and 1.8% in the U.S. on massive volume. The 10-Year U.S. Treasury bond yield jumped 8% higher to close at 0.76. Precious metals miners fell 3%. The Dow and NYSE indices closed above their 26,000 and 12,000 benchmarks respectively while Apple closed
above 350.
Wednesday, stocks in Asia closed slightly higher, in Europe finished up 0.8% and in the U.S. stocks closed down 0.6% on very high volume. The 10-Year U.S. Treasury bond yield fell 3% to close at 0.73.
Thursday, stocks fell 0.7% in Europe but closed unchanged in Asia and the U.S. on very high volume. The 10-Year U.S. Treasury bond yield fell 5% to close at 0.69. And just for the record, here’s another article to counterbalance the non-stop fear mongering from media and some politicians related to the Wuhan Flu.
Friday, stocks in Asia closed up slightly, in Europe gained 0.6%, and in the U.S. mammoth volume for a regular day, but given it was a quadruple witching day, it was pretty normal. The VXO moved up 7% to close at 33.39. Precious metals gained 1% while their miners were up about 4%. The Dow, S&P, and NYSE indices each closed below their respective 26,000, 3100, and 12,000 benchmarks while Apple closed just below 350.