Monday, stocks in Asia 1.3% and in Europe 1.1%. Markets were closed in the U.S. in honor of those who died securing and maintaining our freedom.
Tuesday, stocks gained 0.4% in Asia but lost 1.0% in Europe, and 0.6% in the U.S. on 11B shares traded. The NYSE ended the day below its 15,000 benchmark.
Wednesday, stocks in Asia, in Europe, and in the U.S. on 14B shares traded. The 10-Year U.S. Treasury bond yield declined 2% to end at 3.64. Precious metals miners gained 2%. The Dow Jones Industrials, NASDAQ, and S&P 500 closed below 33,000, 13,000, and 4200 respectively.
Thursday, stocks gained 0.6% in Asia, 0.9% in Europe, and 1.0% in the U.S. on 11B shares traded. The VIX fell 13% to close at 15.65. Precious metals gained 1% and their miners advanced four times that amount. The Dow, NASDAQ, S&P 500 and NYSE ended above their respective 33,000, 13,000, 4200, 15,000 levels. Apple closed above 180.
Friday, stocks shot up 2.6% in Asia, 1.4% in Europe, and 2.1% in the U.S. on 11B shares traded as Congress approved raising the debt limit. The VIX slipped another 7% to end the week at 14.60. The 10-Year U.S. Treasury bond yield gained 2% to end at 3.69. Precious metals lost 1% as their miners gave up about twice that amount. IBM ended above 130. Finally, the Federal Reserve balance sheet declined 50B to 8.39T.