Monday, stocks fell 0.9% in Asia, 1.4% in Europe, and 1.9% in the U.S. on 19B shares traded.The VIX shot up 19% to close at 27.86. The 10-Year U.S. Treasury bond yield declined 2% to end at 4.21. Precious metals declined 1% and their miners lost about three times that amount. The Dow, NASDAQ, and S&P 500 ended below their 42,000, 18,000, and 5700 benchmarks. Apple closed below 230, IBM finished below 260.
Tuesday, stocks lost 1.1% in Asia, 1.8% in Europe, and 0.8% in the U.S. on 19B shares traded. The 10-Year U.S. Treasury bond yield rose 2% to end at 4.29. Precious metals advanced 2% and their miners rose 3%. The S&P 500 index closed below 5700. IBM ended below 250.
Wednesday, stocks ended little changed in Asia, gained 0.9% in Europe, and closed unchanged in the U.S. on 17B shares traded. The VIX fell 10% to end at 24.23. The CPI report indicated a slight reduction in the inflation rate last month.
Thursday, stocks fell slightly in Europe but lost 0.5% in Asia, and 0.9% in the U.S. on 15B shares traded. Precious metals advanced 2% and their miners rose 3%. The Dow and NYSE indices ended below their respective 41,000, and 19,000 benchmarks. Apple ended below 210.
Friday, stocks gained 0.8% in Asia, 1.1% in Europe, and 1.9% in the U.S. on 15B shares traded. The VIX fell 12% to end at 21.77. The Dow, S&P 500, and NYSE closed above their 41,000, 5600, and 19,000 benchmarks respectively. Apple closed above 210. Gold briefly traded above $3000/oz but still ended at a record high close just below that level. Finally, the Federal Reserve balance sheet rose 3B to 6.76T.