Monday, stocks fell 0.6% in Asia but closed little changed in Europe and unchanged in the U.S. on 10B shares traded. Precious metals and their miners climbed 1%.
Tuesday, stocks in gained 0.9% Asia, 0.7% in Europe, and 0.4% in the U.S. on 9B shares traded.
Wednesday, stocks advanced 0.5% in Asia, 0.4% in Europe, and 0.9% in the U.S. on 10B shares traded. The VIX moved up 6% to close at 15.98. The 10-Year U.S. Treasury bond yield dropped 3% to end at 4.20. Precious metals gained 2% and their miners rose 3%. The S&P 500 Index ended above its 4400 level while Apple closed above its 180 benchmark. The big news of the day came from a blowout earnings report by Nvidia.
Thursday, stocks rose 1.2% in Asia but fell 0.4% in Europe, and 0.9% in the U.S. on 10B shares traded. The VIX moved up 8% to end at 17.21. The S&P 500 Index closed below its 4400 level while Apple ended below its 180 benchmark.
Friday, stocks ended down 1.6%, unchanged in Europe, and up 0.5% in the U.S. on 9B shares traded. The S&P 500 Index ended above its 4400 level. Fed chair Powell continued his hawkish tone in his Jackson Hole speech. Finally, the Federal Reserve balance sheet declined 7B to 8.14T.