Some events to watch this week

Powell and Treasury Secretary Steven Mnuchin will testify before a Senate committee on the economic response to the pandemic on Thursday.

U.S. initial jobless claims are due Thursday.

Here are some of the main moves in markets:

Stocks

The S&P 500 declined 2.4% at 4 p.m. New York time.

The Stoxx Europe 600 Index rose 0.6%.

The MSCI Asia Pacific Index fell 0.2%.

Currencies

The Bloomberg Dollar Spot Index jumped 0.7%.

The euro fell 0.4% to $1.1659.

The Japanese yen depreciated 0.4% to 105.40 per dollar.

Bonds

The yield on 10-year Treasuries rose less than one basis point 0.68%.

Germany’s 10-year yield was unchanged at -0.51%.

Britain’s 10-year yield increased two basis points to 0.218%.

Commodities

West Texas Intermediate crude fell 0.7% to $39.52 a barrel.

Gold depreciated 2.1% to $1,859.48 an ounce.

Silver depreciated 7.3% to $22.62 per ounce.