Stocks Press Ever Higher

Monday, stocks rose 0.5% in Asia, 0.3% in Europe, and 1.0% in the U.S. on 16B shares traded. The Dow Jones Industrial Average, NASDAQ, S&P 500, and NYSE each registered record closing highs.

Tuesday, stocks gained 0.7% in Asia, lost 0.6% in Europe, and was little changed in the U.S. on 16B shares traded. The NASDAQ logged another record high close.

Wednesday, stocks in Asia rose 1.0%, in Europe fell slightly, and in the U.S. rose slightly on 19B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to close at 1.13. The Dow finished at another closing high.

Thursday, stocks rose 0.3% in Asia, 0.4% in Europe and slightly in the U.S. on 18B shares traded. The 10-Year U.S. Treasury bond yield moved up 2% to close at 1.13. Precious metals declined 1% and their miners gave up about twice that amount. The NASDAQ, S&P 500, and NYSE each ended the day at record closing highs.

Friday, stocks changed little in Asia, gained 0.7% in Europe, and gained 0.5% in the U.S. on 14B shares traded. The VXO fell 9% to close below that fear/greed pivot at 18.94. The 10-Year U.S. Treasury bond yield moved up 4% to close at 1.20. The week ended with the Dow, NASDAQ, S&P 500, and NYSE indices each logging a new record closing high.

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