Monday, stocks fell 1.9% in Asia, 0.6% in Europe, and 0.9% in the U.S. on 11B shares traded. The VIX moved up 15% to close at 24.37. The 10-Year U.S. Treasury bond yield moved up 2% to close at 2.78. Precious metals gained 1%. Apple closed below its 170 benchmark.
Tuesday, stocks declined 0.4% in Asia, Europe, and the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to close at 2.72. Precious metals gained 1%. The S&P 500 Index closed below its 4400 benchmark. Here’s another article laying out the case for stocks being overpriced.
Wednesday, stocks gained 1.1% in Asia, closed unchanged in Europe, and rose 0.9% in the U.S. on 11B shares traded. The VIX fell 10% to close at 21.82. Precious metals gained 1%. The S&P 500 Index closed above its 4400 benchmark while Apple ended above 170. Now the Fed admits that it is behind the curve on inflation.
Thursday, stocks gained 1.4% in Asia, 0.6% in Europe, and 0.3% in the U.S. on 11B shares traded. The VIX gained 5% to close at 22.70. The 10-Year U.S. Treasury bond yield rose 5% to close at 2.83. The S&P 500 Index closed below its 4400 benchmark while Apple ended below 170.
Friday, stocks fell 0.6% in Asia but rose 0.6% in Europe. Markets were closed in the U.S. for the Easter holiday. Finally, the Twitter saga continues as the powers that be struggle to stop Elon Musk from taking away their propaganda platform.