Monday, stocks gained 0.7% in Asia, 0.9% in Europe, and 1.1% in the U.S. on 15B shares traded. The VIX fell 14% to end at 17.52 and land back in the greed zone. Precious metals gained 1%, but their miners soared five times that amount. The Dow, NASDAQ, and S&P 500 ended above their respective 44,000, 21,000, and 6300 benchmarks. IBM closed above 250.
Tuesday, stocks rose 0.6% in Asia, ended little changed in Europe, and fell slightly in the U.S. on 17B shares traded. Precious metals gained 1% and their miners advanced 3%. The NASDAQ and S&P 500 indices closed below 21,000 and 6300 respectively.
Wednesday, stocks closed little changed in Europe but advanced slightly in Asia and the U.S. on 17B shares traded. The VIX fell 6% to close at 16.77. Precious metals miners gained another 2%. The NASDAQ and S&P 500 indices closed above 21,000 and 6300 respectively. Apple shot up 5% to close above its 210 benchmark as it announced billions more investment in U.S. manufacturing.
Thursday, stocks advanced 1.3% in Asia and 0.9% in Europe but ended little changed in the U.S. on 18B shares traded. Precious metals and their miners gained 1%. The Dow Jones Industrial Average closed below 44,000. The NASDAQ logged a record closing high. Apple ended above 220.
Friday, stocks closed little changed in Asia but up slightly in Europe and 0.3% higher in the U.S. on 16B shares traded. The VIX fell 9% to end at 15.15. The Dow Jones Industrial Average closed above 44,000. For the week, Ethereum tacked on another 19%. While the cry persists for lower interest rates, we all know they need to be higher. Here’s an article that makes that case. The NASDAQ posted another record high close.