Monday, stocks closed little changed in Europe but rose 0.5% in Asia and 0.3% in the U.S. on 10B shares traded. The VIX moved up 8% to end at 15.01. The Dow Jones Industrial closed above the 34,000 level while the S&P 500 ended above 4300.
Tuesday, stocks gained 1.5% in Asia, 0.7% in Europe, and 0.8% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield advanced 2% to end at 3.84. Precious metals and their miners lost 1%. The CPI data contained mixed results which were generally spun by fake news reports as positive.
Wednesday, stocks advanced 0.5% in Asia and 0.4% in Europe but declined slightly in the U.S. on 12B shares traded as the FOMC decided to keep interest rates unchanged for now. The VIX fell 5% to end at 13.88. The Dow Jones Industrials closed below the 34,000 level.
Thursday, stocks ended little changed in Europe but gained 0.3% in Asia and 1.2% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield declined 2% to end at 3.73. The Dow Jones Industrial closed above the 34,000 level while the S&P 500 ended above 4400 —signaling a new bull market.
Friday, stocks rose 0.8% in Asia and 0.6% in Europe but fell slightly in the U.S. on 17B shares traded as options expiration juiced volume. The VIX fell 7% to close at 13.54. Finally, the Federal Reserve balance sheet rose 1B to 8.39T.