Monday, stocks rose 0.3% in Asia, gained slightly in Europe, and ramped up 2.3% in the U.S. on 11B shares traded. Precious metals gained 1% while their miners advanced three times that amount. The Dow Jones Industrials and S&P 500 ended above their 30,000 and 3600 benchmarks respectively. Apple closed above its 140 level. For those who think this market decline is about over, here’s an article that may give pause.
Tuesday, stocks gained 1.7% in Asia, 0.4% in Europe, and 1.2% in the U.S. on 12B shares traded. Precious metals moved up 1%. The S&P 500 index closed above 3700.
Wednesday, stocks fell 1.4% in Asia, in 0.4% Europe, and 1.0% in the U.S. on 11B shares traded. The 10-Year U.S. Treasury bond yield rose 3% to close at 4.13. Precious metals fell 1% while their miners gained three times that amount. The S&P 500 index ended the day below 3700.
Thursday, stocks advanced slightly in Europe but declined 0.7% in Asia and 0.8% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield rose 2% to close at 4.23.
Friday, stocks fell 1.2% in Asia and 0.5% in Europe but advanced 2.2% in the U.S. on 12B shares traded. Precious metals shot up 3% while their miners gained 5%. Finally, the Federal Reserve balance sheet declined 15B to 8.74T.