Stocks Soar to New Records

Monday, stocks gained 0.3% in Asia, and rose slightly in Europe and in the U.S. on 10B shares traded. The S&P 500, NASDAQ, and NYSE posted closing record highs.

Tuesday, stocks were unchanged in Europe but rose slightly in Asia and the U.S. on 10B shares traded. The 10-Year U.S. Treasury bond yield rose 3% to close at 1.62. Precious metals miners fell 2%. The NYSE logged another record high close. 
 
Wednesday, stocks changed little in Asia, were unchanged in Europe but gained 0.3% in the U.S. on 10B shares traded. The NYSE logged another record high close as the FOMC met and determined the Fed needs to continue supporting the "economy."  

Thursday, stocks fell slightly in Europe but gained 0.3% in Asia, and in the U.S. on 11B shares traded. Precious metals and their miners fell 2%. The S&P 500 Index and NYSE each logged another record high close. 

Friday, stocks fell 1.5% in Asia, 0.4%, 1.0% in the U.S. on 11B shares traded. The VXO moved up 4% to close at 17.27. Precious metals fell 1%. The Dow and NASDAQ closed below their 34,000 and 14,000 benchmarks. For the week, cryptocurrencies soared another 15% higher with Ethereum blasting 25% higher and doing another doubling in the past three months. While we see some things rising in cost faster than others, here's a long article that basically says the price of everything is going up. 

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