Monday, stocks rose 0.8% in Asia and 0.3% in Europe but fell 0.5% in the U.S. on 12B shares traded. The VIX shot up 18% to close at 22.64 and back into the fear zone. The Dow, NASDAQ, and S&P 500 indices ended below their respective 42,000, 18,000, and 5700 benchmarks. IBM share price ended above Apple.
Tuesday, stocks fell 2.8% in Asia and 0.6% in Europe but ended unchanged in the U.S. on 12B shares traded. The VIX fell 5% to end at 21.42. Precious metals fell 1%. The Dow, NASDAQ, and S&P 500 indices ended above their respective 42,000, 18,000, and 5700 benchmarks.
Wednesday, stocks lost 0.3% in Asia but gained 0.7% in Europe and 0.6% in the U.S. on 11B shares traded. IBM closed above its 230 benchmark and moved above Apple. The Dow, S&P 500, and NYSE indices each recorded record closing highs.
Thursday, stocks rose 0.6% in Asia but ended little changed in Europe, fell 0.3% in the U.S. on 11B shares traded. Precious metals gained 1% and their miners lost three times that amount. The Consumer Price Index for September came in hotter than expected.
Friday, stocks gained 0.4% in Asia, 0.5% in Europe, and 1.1% in the U.S. on 10B shares traded. Precious metals rose 1%. The S&P 500 index ended above its 5800 benchmark. The Dow, S&P 500, and NYSE indices each logged record closing highs. Finally, the Federal Reserve balance sheet remained at 7.05T.