Monday, stocks plummeted 2.9% in Asia and 3.0% in Europe but closed little changed in the U.S. on 19B shares traded.
Tuesday, stocks slid 1.9% in Asia, gained 0.8% in Europe, and declined 0.5% in the U.S. on 13B shares traded. The 10-Year U.S. Treasury bond yield moved up 3% to close at 1.78. The S&P 500 Index ended the day under the 4400 level. Apple closed below its 160 benchmark.
Wednesday, stocks closed little changed in Asia, moved up 1.7% in Europe, and fell 0.6% in the U.S. on 15B shares traded. The VIX gained for the eighth straight trading session. The 10-Year U.S. Treasury bond yield moved up 4% to close at 1.86. Precious metals fell 2% and their miners dropped 3%. The FOMC meeting statement confirmed QE will be finished in March and interest rates will begin rising then to fight inflation.
Thursday, stocks sank 2.8% in Asia, rose 0.7% in Europe, and declined 0.5% in the U.S. on 14B shares traded. The VIX fell 5% to close at 30.49. The 10-Year U.S. Treasury bond yield dropped 2% to close at 1.81. Precious metals fell 2% and their miners dropped 3%.
Friday, stocks gained 0.5% in Asia, lost 1.0% in Europe, and moved up 1.5% in the U.S. on 13B shares traded. The VIX fell 9% to close at 27.66. Precious metals lost 1%. Apple exploded 7% higher in reaction to a positive earnings report to close above its 170 benchmark. That momentum carried the S&P 500 Index to close above its 4400 benchmark.