Monday, stocks gained slightly in Asia but fell 0.6% in Europe, and 1.2% in the U.S. on 19B shares traded. The VIX rose 13% to end at 22.38 and transitioned from greed to fear. Precious metals and their miners fell about 2%. The Dow and S&P 500 fell below 47,00 and 6700 respectively. Apple ended below 270 while IBM slipped below 300.
Tuesday, stocks fell 2.7% in Asia 1.7% in Europe but declined just slightly in the U.S. on 19B shares traded. The VIX rose 10% to end at 24.69. Precious metals and their miners closed down about 1%. IBM closed below 290.
Wednesday, stocks fell 0.7% in Asia but closed unchanged in Europe and the U.S. on 18B shares traded. The FOMC statement gave little insight into the near-term future for interest rates.
Thursday, stocks gained 1.4% in Asia and 0.4% in Europe but lost 14% in the U.S. on 22B shares traded. The VIX moved up 12% to end at 26.42. The Dow, S&P 500, and NYSE closed below 46,000, 6600, and 21,000 respectively. Precious metals closed down about 1% while their miners plummeted 4%. IBM ended back above 290.
Friday, stocks in Asia, in Europe, and in the U.S. on 21B shares traded. The VIX fell 11% to 23.43. The Dow, S&P 500, and NYSE closed below 46,000, 6600, and 21,000 respectively. For the week, major cryptocurrencies retreated about 15%.