Monday, stocks fell in 0.3% Asia and 1.2% in Europe. Markets were closed in the U.S. Gold set a record high.
Tuesday, stocks lost 0.9% in Asia, 0.7% in Europe, and 1.5% in the U.S. on 21B shares traded. The VIX rose 7% to end at 20.09 and cross over into the fear zone. Precious metals shot up 4% and their miners gained 6% as gold set a record high.. The 10-Year U.S. Treasury bond yield advanced 2% to end at 4.30. The Dow, NASDAQ, and S&P 500 indices closed below their respective 49,000, 23,000, and 6800 benchmarks. Apple and IBM ended below 250 and 300 respectively.
Wednesday, stocks declined 0.5% in Asia and ended little changed in Europe but advanced 1.1% in the U.S. on 21B shares traded. The VIX fell 16% to close at 16.90 and transition back to the greed zone. The Dow and NASDAQ ended above their respective 49,000 and 23,000 levels.
Thursday, stocks rose 0.8% in Asia, 1.0% in Europe, and 0.3% in the U.S. on 19B shares traded. The VIX retreated 7% to close at 15.64. Precious metals gained 3% while their miners rose 4% and gold set another record high. The S&P 500 ended above 6900.
Friday, stocks gained 0.6% in Asia, ended little changed in Europe, and fell slightly in the U.S. on 18B shares traded. Precious metals shot up another 4%, but their miners gained just 2%. For the week gold gained 9% while cryptocurrencies lost the same amount. Investors transitioned a bit from AI chip makers rushing to buy memory chip makers instead.