Key Events

 Some key events coming up :

Thursday brings the European Central Bank policy decision and a press briefing from Christine Lagarde. Economists widely expect the central bank to increase and extend its pandemic bond-buying program.

The U.S. Food and Drug Administration meets to discuss the vaccine made by Pfizer/BioNTech on Thursday. If the FDA authorizes emergency use, Health & Human Services Secretary Alex Azar said vaccine distribution could begin within 24 hours.

These are some of the main moves in markets:

Stocks

The S&P 500 increased 0.3% as of 4 p.m. New York time.

The Stoxx Europe 600 Index climbed 0.2%.

The MSCI Asia Pacific Index fell 0.1%.

Currencies

The Bloomberg Dollar Spot Index was little changed.

The euro was little changed at $1.2106.

The British pound declined 0.2% to $1.3351.

The Japanese yen weakened 0.1% to 104.16 per dollar.

Bonds

The yield on 10-year Treasuries fell less than one basis point to 0.92%.

Germany’s 10-year yield decreased three basis points to -0.61%.

Britain’s 10-year yield dipped three basis points to 0.257%.

Commodities

West Texas Intermediate crude fell 0.2% to $45.66 a barrel.

Gold rose 0.5% to $1,871.25 an ounce.