Monday, stocks rose 0.7% in Asia, 1.0% in Europe, and 1.1% in the U.S. on 11B shares traded. The 10-Year U.S. Treasury bond yield rose 3% to close at 3.04.
Tuesday, stocks fell 1.1% in Asia and 0.3% in Europe but rose 1.1% in the U.S. on 10B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to close at 2.97. Precious metals gained 2%. The Dow Jones Industrials closed above 33,000. The NYSE ended the day above 16,000.
Wednesday, stocks gained 1.3% in Asia but lost 0.6% in Europe and 1.1% in the U.S. on 11B shares traded. The Dow Jones Industrials closed below 33,000. The NYSE ended the day under 16,000. Here’s an article that why our pain at the pump will continue to increase.
Thursday, stocks fell 0.3% in Asia, 1.3% in Europe, and 2.3% in the U.S. on 12B shares traded. The VXO surged 9% to close at 26.09. NASDAQ ended the day below its 12,000 benchmark. The S&P 500 Index closed below 4100. IBM closed below the 140.
Friday, stocks dropped 1.3% in Asia, 2.6% in Europe, and 2.4% in the U.S. on 13B shares traded. The VIX moved up 6% to close at 27.75. The 10-Year U.S. Treasury bond yield rose 4% to close at 3.16. Precious metals gained 1% while their miners shot up five times that amount. The Dow, S&P 500, and Apple closed below their 32,000, 4000, and 140 benchmarks. The latest Consumer Price Index broke the bubble of the crowd hoping inflation was moderating. For the week, stocks lost about 5%.
And finally, medical doctors are suing the administration for interfering with doctors prescribing ivermectin for treating the Fauci Flu.