Crypto and Tech Tumble

Monday, stocks rose 1.5% in Asia, fell 0.7% in Europe, and advanced slightly in the U.S. on 22B shares traded. The VIX moved up 5% to end at 16.05. Precious metals fell 2% and their miners gave back 3%. The Dow, NASDAQ, and S&P 500 each registered a record closing high. The NASDAQ closed above the 27,000 level. Apple fell below its 310 benchmark while IBM jumped up above 320.

Tuesday, stocks gained 1.1% in Asia, 0.7% in Europe, and 0.6% in the U.S. on 21B shares traded. Precious metals miners gained 2%. The Dow, NASDAQ, and S&P 500 each registered a record closing high. The S&P 500 closed above the 7600 level. Apple rose above its 310 benchmark.

Wednesday, stocks advanced 0.5% in Asia but declined 0.7% in Europe and 0.9% in the U.S. on 21B shares traded.  Precious metals fell 2% and their miners lost 3%. The Dow, NASDAQ, and S&P 500 closed below their respective 51,000, 27,000, and 7600 levels. IBM fell sharply below 310.

Thursday, stock fell 1.9%s in Asia but rose 0.5% in Europe, and 1.3% in the U.S. on 19B shares traded. Precious metals gained 1% and their miners advanced 2%. The Dow and NYSE each logged a record closing high as the Dow ended above 51,000.

Friday, stocks fell 2.2% in Asia, 0.3% in Europe, and 1.3% in the U.S. on 24B shares traded. The VIX shot up 40% to end at 20.51 and transition to the fear zonePrecious metals plummeted 6% and their miners collapsed 9%. The Dow, NASDAQ, and S&P 500 closed below their respective 51,000, 26,000, and 7400 levels. Apple and IBM ended below 310 and 290 respectively. For the week, cryptocurrencies fell about 20%.