Monday, stocks closed little changed in Europe but gained 0.6% in Asia and 0.4% in the U.S. on 11B shares traded. The Dow Jones Industrial Average ended above its 35,000 benchmark with Apple closing above 190.
Tuesday, stocks ended unchanged in Europe and were little changed in Asia and the U.S. on 10B shares traded. Precious metals climbed 1% and their miners advanced twice that amount.
Wednesday, stocks closed little changed in Asia but rose 0.3% in Europe and the U.S. on 9B shares traded. The FOMC minutes enforced the consensus that rates will remain steady.
Thursday, stocks ended unchanged in Asia but gained 0.3% in Europe. Markets closed for the Thanksgiving holiday in the U.S.
Friday, stocks lost 0.5% in Asia while gaining 0.3% in Europe, and 0.5% in the U.S. on 5B shares traded for the holiday-shortened trading session. Apple ended just pennies below the 190 benchmark. Here’s an old reminder that supports the argument that man-made climate change is a hoax.
Finally, the Federal Reserve balance sheet declined 4B to 7.81T.