Dow 40,000

Monday, stocks gained 0.5% in Asia, closed unchanged in Europe, and fell slightly in the U.S. on 10B shares traded. The VIX gained 8% to close at 13.60. Precious metals and their miners lost 1%.

Tuesday, stocks rose slightly in Asia, ended little changed in Europe, and advanced 0.5%  in the U.S. on 14B shares traded. Precious metals and their miners gained 1%. The NASDAQ ended at a record closing high.

Wednesday, stocks moved up 0.8% in Asia, 0.6% in Europe, and 0.9% in the U.S. on 15B shares traded. The VIX tumbled 7% to end at 12.45. The 10-Year U.S. Treasury bond yield fell 2% to end at 4.36. Precious metals gained 2%. The S&P 500 Index closed above its 5300 benchmark. The Dow, NASDAQ, and NYSE ended at record closing highs. The latest CPI numbers sparked a rally in stocks.

Thursday, stocks jumped 1.4% in Asia but fell slightly in Europe and 0.3% in the U.S. on 18B shares traded. The S&P 500 Index closed below its 5300 benchmark.

Friday, stocks ended little changed  in Asia and Europe but gained 0.4% in the U.S. on 16B shares traded. Precious metals and their miners rose 3%. The Dow Jones Industrials and S&P 500 Indices closed above their respective 40,000 and 5300 benchmarks. The Dow and NYSE ended with a record closing high. Finally, the Federal Reserve balance sheet declined 49B to 7.30T.