Monday, stocks fell 3.7% in Asia, in 1.0% Europe, and 2.6% in the U.S. on 18B shares traded. The VIX gained 14% to close at 36.54. The 10-Year U.S. Treasury bond yield moved up 2% to close at 1.75. Precious metals gained 2% and their miners moved up 3%. The Dow Jones Industrials, NASDAQ, NYSE indices closed below 33,000, 13,000, and NYSE 16,000 respectively. Apple closed below 160. Gas prices at the pump now exceed $4.00 per gallon.
Tuesday, stocks fell 1.4% in Asia, 0.6% in Europe, and 0.5% in the U.S. on 19B shares traded. The 10-Year U.S. Treasury bond yield shot up 7% to close at 1.87. Precious metals gained 3%. The S&P 500 index closed below 4200.
Wednesday, 0.5% in Asia, 4.6% in Europe, and 2.3% in the U.S. on 14B shares traded. The VIX fell 8% to close at 32.45. The 10-Year U.S. Treasury bond yield moved up 4% to close at 1.95. Precious metals fell 3%. The Dow, NASDAQ and S&P 500 closed above their 33,000, 13,000, and 4200 respective benchmarks. Apple closed above its 160 benchmark. Investors begin pricing in our rampant inflation.
Thursday, stocks gained 2.4% in Asia but fell 1.7% in Europe, and 0.3% in the U.S. on 13B shares traded. The VIX declined 7% to close at 30.23. The 10-Year U.S. Treasury bond yield moved up 3% to close at 2.01. Precious metals gained about 1% while their miners gained 2%. Apple closed back below its 160 benchmark.
Friday, stocks gained 0.9% in Europe but fell fell 2.7% in Asia and 1.1% in the U.S. on 13B shares traded. Precious metals miners fell 2%. The Dow closed below 33,000 and the NASDAQ ended the day under 13,000.