Monday, stocks gained 0.3% in Asia, ended unchanged in Europe, and lost 0.5% in the U.S. on 16B shares traded. The VIX rose 8% to end at 16.66. Precious metals fell about 1% and their miners lost twice that amount.
Tuesday, stocks fell 0.7% in Asia, closed little changed in Europe, and ended slightly lower in the U.S. on 15B shares traded. Precious metals rose 2% and their miners advanced twice that amount. IBM closed above its 310 benchmark.
Wednesday, stocks rose slightly in Asia, ended little changed in Europe but gained 1.3% in the U.S. on 17B shares traded. The VIX fell 7% to end at 15.77. Precious metals rose 1% and their miners advanced twice that amount. The Dow Jones Industrial Average ended above its 48,000 benchmark. The irresponsible FOMC voted to reduce interest rates 0.25% despite inflation issues and job stability and resume adding to their bloated “emergency” balance sheet.
Thursday, stocks lost 0.5% in Asia but gained 0.5% in Europe and 0.8% in the U.S. on 18B shares traded. Precious metals gained 3% and their miners advanced 5%.
Friday, stocks rose 1.5% in Asia, gained slightly in Europe, and gained 0.8% in the U.S. on 19B shares traded. Precious metals rose 2% and their miners advanced twice that amount. The S&P 500 ended above 6900 — a record high close. The Dow Jones Industrials and the NYSE also logged record closing highs.