Monday, stocks gained 0.3% in Asia, ended unchanged in Europe, and rose slightly in the U.S. on 20B shares traded. Precious metals and their miners gained 2%. The NASDAQ, S&P 500, and NYSE each registered a record high close.
Tuesday, stocks rose 0.3% in Asia but fell slightly in Europe and gained 0.5% in the U.S. on 22B shares traded. The VIX rose 5% to close at 17.24. Precious metals miners fell 2%. IBM closed above its 290 benchmark.
Wednesday, stocks fell 1% in Asia but rose 0.8% in Europe and 0.3% in the U.S. on 21B shares traded. The VIX fell 5% to close at 16.30. Precious metals gained 2% while their miners rose about 3%. Gold ended above $4000 per oz — another record. The NASDAQ closed above 23,000. The NASDAQ and S&P 500 each logged a record high close. IBM ended below its 290 benchmark.
Thursday, stocks gained 0.5% in Asia but lost 0.5% in Europe and 0.8% in the U.S. on 21B shares traded. Precious metals fell 2% and their miners lost 4%.
Friday, stocks fell 0.9% in Asia, 1.2% in Europe, and 2.1% in the U.S. on 25B shares traded. The VIX shot up 32% to end at 21.66 indicating that investors switched from greed to fear as trade war with China escalates. Precious metals rose 1%. The 10-Year U.S. Treasury bond yield fell 2% to end at 4.05. The Dow, NASDAQ, and S&P 500 indices closed below 46,000, 23,000, 6600 respectively. Apple and IBM ended below their respective 250 and 280 levels.