Monday, stocks rose 0.9% in Asia, 1.3% in Europe, and 2.0% in the U.S. on 21B shares traded. The VIX fell 16% to end at 18.39 as sentiment shifted strongly to bullish side for stocks. The 10-Year U.S. Treasury bond yield rose 2% to end at 4.46. Precious metals fell 2% and their miners plummeted four times that amount. The Dow, NASDAQ, and S&P 500 ended above their respective 42,000, 18,000, and 5800 benchmarks. Apple ended above 210 while IBM closed above its 250 level. The big news of the week was a trade deal between the U.S. and China.
Tuesday, stocks gained 0.2% in Asia but ended little changed in Europe and the U.S. on 18B shares traded. Precious metals rose about 1%. The NASDAQ closed above its 19,000 benchmark. The CPI reported a lower inflation rate.
Wednesday, stocks advanced 1.8% in Asia but declined 0.3% in Europe and 0.5% in the U.S. on 20B shares traded. Precious metals and their miners fell 2%.
Thursday, stocks fell 0.7% in Asia but rose 0.3% in Europe the U.S. on 18B shares traded. The 10-Year U.S. Treasury bond yield rose 2% to end at 4.46. Precious metals and their miners gained 2%. The S&P 500 ended above 5900, and IBM closed above its 260 benchmark.
Friday, stocks declined slightly in Asia but advanced 0.4% in Europe, and 0.8% in the U.S. on 18B shares traded. Precious metals fell 1%.