Stock Rally Continues

Monday, stocks gained slightly in Europe and rose 0.4% in Asia and the U.S. on 10B shares traded. Precious metals miners advanced 2%. The S&P 500 ended above its 4400 benchmark but Apple ended below the 190 level.

Tuesday, stocks advanced 1.4% in Asia, 0.7% in Europe, and 0.9% in the U.S. on 10B shares traded. The Dow Jones Industrial Average ended above 34,000.

Wednesday, stocks rose 0.6% in Asia, 1.4% in Europe, and 0.7% in the U.S. on 11B shares traded. The VIX fell 9% to close at 13.54. % to close at 15.44. The 10-Year U.S. Treasury bond yield fell 3% to end at 3.86 . Precious metals declined 2% and their miners fell about 3 times that amount. The NYSE closed above its 16,000 benchmark. A continued decline in the CPI inflation report boosted stocks.

Thursday, stocks gained 2.5% in Asia, 0.7% in Europe, and 0.6% in the U.S. on 11B shares traded. The 10-Year U.S. Treasury bond yield fell 3% to end at 3.76. Precious metals and their miners declined 1%. The NASDAQ and S&P 500 indices closed above their respective 14,000 and 4500 levels. Apple recaptured its 190 benchmark.

Friday, stocks ended little changed in Europe but advanced 0.6% in Asia and 0.4% in the U.S. on 11B shares traded. The 10-Year U.S. Treasury bond yield gained 2% to end at 3.82. Finally, the Federal Reserve balance sheet declined 1B to 8.30T.

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