Tuesday, stocks gained 3.7% in Asia, 1.9% in Europe, and lost 0.3% in the U.S. on 20B shares traded. Precious metals rose 2%. Apple closed above the 260 level.
Wednesday, stocks rose 1.1% in Asia but fell 0.6% in Europe, and 0.3% in the U.S. on 18B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to end at 4.21. Precious metals fell 1% and their miners lost 2%. IBM ended below 250. The monthly CPI report indicated tame inflation. Perhaps they’re not measuring prices in my neck of the woods.
Thursday, stocks declined 1.5% in Asia, 0.6% in Europe, and 1.6% in the U.S. on 20B shares traded. The VIX gained 13% to end at 27.29. Precious metals and their miners fell 2%. The Dow closed below 47,000 and the S&P 500 ended below 6,700. Apple below 260.
Friday, stocks fell 1.8% in Asia, 0.5% in Europe, and 0.3% in the U.S. on 19B shares traded. Precious metals fell 3% and their miners lost twice that amount.