Monday, stocks declined 1.3% in Asia but advanced 1.2% in Europe and 0.6% in the U.S. on 12B shares traded. Precious metals fell about 1% and their miners dropped twice that amount. IBM ended above the 130 level.
Tuesday, stocks rose 0.4% in Asia, 1.4% in Europe, and 1.5% in the U.S. on 12B shares traded. The VIX fell 5% to close at 28.46. Precious metals rose about 1% and their miners moved up twice that amount. The NASDAQ and S&P 500 indices closed above their respective 11,000 and 3800 benchmarks. Apple closed above its 150 level.
Wednesday, stocks gained 2.0% in Asia, 0.5% in Europe, and 0.6% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to close at 4.02. Precious metals gained 1% and their miners advanced three times that amount. The NASDAQ closed below its 11,000 level. Apple ended below 150.
Thursday, stocks ended unchanged in Europe but gained 0.3% in Asia and in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to close at 3.94. Precious metals lost 1%. Dow Jones Industrials closed above the 32,000 level. Take a look at the first graph (second figure) especially to see how seasonal effects differ among various market sentiment types.
Friday, stocks fell 2.0% in Asia, rose slightly in Europe, and gained 1.6% in the U.S. on 11B shares traded. The VIX fell 6% to end at 25.75. The 10-Year U.S. Treasury bond yield rose 2% to close at 4.01. Precious metals fell 1%. The NASDAQ and S&P 500 indices closed above their respective 11,000 and 3900 benchmarks. Apple closed above its 150 level.
The Bureau of Economic Analysis released the third quarter GDP report indicating a 2.6% annual rate of rise. Positive market action this month has moved the Dow Jones Industrial Average on track for its highest monthly advance in 84 years. Finally, for the week the Federal Reserve balance sheet declined 21B to 8.72T.