Monday, stocks closed unchanged in Asia, gained 0.3% in Europe, and lost 0.5% in the U.S. on 11B shares traded. The 10-Year U.S. Treasury bond yield rose 3% to close at 3.68. Precious metals miners miners lost 3%. The NYSE index ended below 15,000. IBM closed below its 140 benchmark.
Tuesday, stocks fell 0.7% in Asia, 0.3% in Europe, and gained 0.4% in the U.S. on 11B shares traded. 11B shares traded. The 10-Year U.S. Treasury bond yield rose 3% to close at 3.58. Precious metals and their miners gained 4%. The NYSE index ended above 15,000. IBM closed above its 140 benchmark.
Wednesday, stocks ended unchanged in Asia but gained 1.6% in Europe, and 1.5% in the U.S. on 10B shares traded. The VIX fell 7% to close at 20.07. The Dow Jones Industrials closed above 33,000.
Thursday, stocks rose 1.6% in Asia but fell 0.9% in Europe and the U.S. on 11B shares traded. The VIX moved up 9% to close at 21.97. The $1.7 trillion spending omnibus bill passed assuring more grotesque pork and government spending will suck more life from the economy and those who actually contribute to it.
Friday, stocks lost 1.3% in Asia, were unchanged in Europe, and gained 0.7% in the U.S. on 8B shares traded. The VIX fell 5% to close at 20.87. The 10-Year U.S. Treasury bond yield rose 3% to close at 3.58. Finally, the Federal Reserve balance sheet declined 19B to 8.64T.