Monday, stocks fell slightly in Asia but ended little changed in Europe and the U.S. on 10B shares traded. Precious metals lost 1%. The NASDAQ and S&P 500 each logged a record high close.
Tuesday, stocks rose 0.7% in Asia but fell 0.9% in Europe, and declined slightly in the U.S. on 10B shares traded. The S&P 500 index closed below its 5600 benchmark. The NASDAQ and S&P 500 each logged another record high close.
Wednesday, stocks advanced slightly in Asia but gained 0.9% in Europe and the U.S. on 10B shares traded. Precious metals miners rose about 3%. The S&P 500 ended above 5600 while Apple closed above its 230 benchmark. Interestingly the NYSE closed overtaking the faltering NASDAQ. The NASDAQ and S&P 500 each logged a record high close.
Thursday, stocks gained 1/2% in Asia, 0.6% in Europe, and 0.9% in the U.S. on 13B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to end at 4.19. Precious metals gained 2% and their miners moved up 3%. The S&P 500 index closed below its 5600 benchmark while Apple ended below its 230 benchmark. The hopium crowd took in the prospect of a rate cut based on limited progress in the CPI report.
Friday, stocks ended unchanged in Asia but gained 0.9% in Europe, and 0.7% in the U.S. on 12B shares traded. The Dow closed above its 40000 benchmark while the S&P closed back above 5600. The NYSE notched a record closing high. Finally, the Federal Reserve balance sheet rose 2B to 7.22T.