Monday, stocks fell 1.6% in Asia, 2.9% in Europe, and 3.3% in the U.S. on 15B shares traded. The VIX moved up 15% to close at 34.75. Precious metals plunged 2% and their miners gave up three times that amount. The NASDAQ closed below 12,000 while the S&P 500 ended below 4000.
Tuesday, stocks fell 1.0% in Asia, rose 0.6% in Europe, and fell slightly in the U.S. on 16B shares traded. The VIX dipped 5% to close at 32.99. The 10-Year U.S. Treasury bond yield declined 3% to close at 2.99. Precious metals and their miners dropped 2%. The S&P 500 closed above 4000 while IBM ended below the 130 level.
Wednesday, stocks gained 0.3% in Asia and 1.7% in Europe but lost 0.8% in the U.S. on 16B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to close at 2.92. The Dow Jones Industrials, S&P 500, and NYSE indices closed below their respective 32,000, 4000, and 15,000 levels. Apple ended below 150 but IBM closed above 130. The inflation numbers continued to be high.
Thursday, stocks lost 2.2% in Asia and 0.8% in Europe but gained slightly in the U.S. on 16B shares traded. The 10-Year U.S. Treasury bond yield dropped 4% to close at 2.82. Precious metals fell 2% and their miners lost twice that amount.
Friday, stocks in Asia and Europe rose 2.1%. In the U.S., stocks rallied 2.2% on 14B shares traded. The VIX climbed 9% to end at 28.87. The 10-Year U.S. Treasury bond yield moved up 4% to close at 2.94. Precious metals miners rose 2%. The Dow Jones Industrials, S&P 500, and NYSE indices closed above their respective 32,000, 4000, and 15,000 levels. Cryptocurrencies fell hard losing about 20% this week as a synthetic tether scheme failed to hold.