Some key events coming up:

 Here are some key events coming up:

The U.S. Republican National Convention runs this week.

The Bank of Korea sets monetary policy and will hold a briefing on Thursday.

Fed Chair Powell speaks at an event on Thursday

These are the main moves in markets:

Stocks

The S&P 500 Index climbed 1% to 3,478.81 as of 4:01 p.m. New York time, hitting the highest on record with its fifth consecutive advance and the largest increase in two weeks.

The Dow Jones Industrial Average climbed 0.3% to 28,332.53, the highest in six months.

The Nasdaq Composite Index increased 1.7% to 11,665.06, hitting the highest on record with its fifth consecutive advance and the largest increase in two weeks.

The Stoxx Europe 600 Index increased 0.9% to 373.12, the highest in two weeks.

Currencies

The Bloomberg Dollar Spot Index declined 0.2% to 1,169.69, the lowest in more than a week.

The euro decreased 0.1% to $1.1827.

The Japanese yen strengthened 0.4% to 106 per dollar, the largest rise in more than a week.

Bonds

The yield on 10-year Treasuries climbed one basis point to 0.69%, the highest in more than a week.

Germany’s 10-year yield increased two basis points to -0.42%, the highest in almost two weeks.

Britain’s 10-year yield gained four basis points to 0.302%, the highest in 11 weeks.

Commodities

West Texas Intermediate crude climbed 0.1% to $43.38 a barrel, the highest in almost six months.

Gold strengthened 1.2% to $1,952.28 an ounce, the highest in more than a week on the biggest climb in more than a week.

Copper rose 1.2% to $2.99 a pound, the largest advance in a week.