Monday, stocks fell slightly in Asia, ended little changed in Europe, and rose slightly in the U.S. on 20B shares traded. The VIX moved up 5% to close at 18.14. Apple closed below its 210 benchmark.
Tuesday, stocks gained 0.5% in Asia and 0.8% in Europe but closed down slightly in the U.S. on 17B shares traded. Precious metals gained 2% and their miners advanced 3%.
Wednesday, stocks advanced 0.7% in Asia, closed little changed in Europe, and fell 1.7% in the U.S. on 20B shares traded. The VIX ramped up 15% to end at 20.87 and transition back to the fear sentiment. The 10-Year U.S. Treasury bond yield rose 3% to end at 4.60. Precious metals and their miners gained about 1%. The Dow Jones Industrials, NASDAQ, and S&P 500 ended below their respective 42,000, 19,000, and 5900 benchmarks. Bitcoin hit a record high over 110,000.
Thursday, stocks fell 0.9% in Asia, 0.6% in Europe, slightly in the U.S. on 16B shares traded. Precious metals fell 1%. IBM closed below its 260 level. The “Big Beautiful Bill” barely passed the House of Representatives making Trump tax cuts permanent but doing very little to curb out of control government spending.
Friday, stocks gained 0.7% in Asia but lost 1.0% in Europe and declined slightly in the U.S. on 17B shares traded. The VIX rose 10% to end at 22.29. Precious metals gained 2% while their miners rose 3%.