Key Events

Some key events to watch this week:

OPEC+ meeting on output Thursday.

U.S. factory orders, initial jobless claims and durable goods orders are due Thursday.

The February U.S. employment report on Friday will provide an update on the speed and direction of the nation’s labor market recovery.

These are some of the moves in markets:

Stocks

The S&P 500 slid 1.3% as of 4 p.m. New York time.

The Stoxx Europe 600 Index was little changed.

The MSCI Asia Pacific Index increased 1.1%.

The MSCI Emerging Market Index advanced 1.4%.

Currencies

The Bloomberg Dollar Spot Index gained 0.3%.

The euro decreased 0.2% to $1.2066.

The Japanese yen depreciated 0.3% to 106.97 per dollar.

Bonds

The yield on 10-year Treasuries jumped eight basis points to 1.47%.

Germany’s 10-year yield climbed six basis points to -0.29%.

Britain’s 10-year yield rose nine basis points to 0.779%.

Commodities

West Texas Intermediate crude advanced 2.6% to $61.28 a barrel.

Gold slid 1.4% to $1,714.77 an ounce.

Silver fell 2.3% to $26.16 per ounce.