Key Events

Here are some key events to watch:

EIA crude oil inventory report is due Wednesday

The U.S. February consumer price index will offer the latest look at price pressures Wednesday.

The U.S. government auctions 3-, 10- and 30-year Treasuries this week.

The European Central Bank holds its monetary policy meeting and President Christine Lagarde is set to do a briefing Thursday.

Stocks

The S&P 500 Index advanced 1.4% as of 4 p.m. New York time.

The Nasdaq 100 added 4%.

The Stoxx Europe 600 Index gained 0.8%.

The MSCI Asia Pacific Index increased 0.8%.

The MSCI Emerging Market Index rose 0.9%.

Currencies

The Bloomberg Dollar Spot Index sank 0.6%.

The euro gained 0.5% to $1.1902.

The British pound climbed 0.5% to $1.3897.

The Japanese yen rose 0.4% to 108.46 per dollar.

Bonds

The yield on 10-year Treasuries dipped five basis points to 1.54%.

Germany’s 10-year yield dipped three basis points to -0.30%.

Commodities

West Texas Intermediate crude dipped 1.6% to $64.02 a barrel.

Gold futures strengthened 2.2% to $1,715.30 an ounce.