Monday, stocks rose 0.9% in Asia, 1% in Europe, and 0.4% in the U.S. on very low volume. The 10-Year U.S. Treasury bond yield rose 3% to close at 1.79. Major indices Dow, S&P, NASDAQ, and NYSE logged record closing highs. China trade optimism cheered traders.
Tuesday, stocks rose 0.9% in Asia and 0.2% in Europe but declined slightly in the U.S. on strong volume. The 10-Year U.S. Treasury bond yield rose 4% to close at 1.85. The Dow Jones Industrial Average and NASDAQ logged new record closing highs. Precious metals and their miners lost 2%.
Wednesday, stocks rose slightly in Asia but were little changed in Europe and the U.S. on strong volume. The 10-Year U.S. Treasury bond yield fell 3% to close at 1.81. Thursday, stocks rose 0.3% on strong volume. The 10-Year U.S. Treasury bond yield shot up 6% to close at 1.93. Precious metals and their miners lost 2%. Friday, stocks fell 0.5% in Asia and 0.3% in Europe but closed little changed in the U.S. on light volume. Apple closed above the 260 benchmark. Can anyone say nosebleed levels for this $1.1+ trillion dollar company?