These are some key events to watch this week:
The U.S. Treasury auctions seven-year debt.
U.S. personal income and spending data on Friday.
These are some of the main moves in financial markets:
Stocks
The S&P 500 Index fell 0.5% as of 4 p.m. New York time.
The Stoxx Europe 600 Index rose less than 0.1%.
The MSCI Asia Pacific Index dropped 2%.
The MSCI Emerging Market Index dipped 2%.
Currencies
The Bloomberg Dollar Spot Index rose 0.3%.
The euro fell 0.3% to $1.1814.
The British pound sank 0.5% to $1.3688.
The Japanese yen weakened 0.1% to 108.68 per dollar.
Bonds
The yield on 10-year Treasuries fell two basis points to 1.6%.
Germany’s 10-year yield fell one basis point to -0.36%.
Britain’s 10-year yield was little changed at 0.76%.
Commodities
West Texas Intermediate crude gained 5.2% to $60.74 a barrel.
Gold strengthened 0.4% to $1,733.76 an ounce
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