Key Events

Some key events to watch this week:

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 main moves in markets:

Stocks

The S&P 500 sank 1.3% at 4 p.m. New York time.

The Stoxx Europe 600 Index fell 0.4%.

The MSCI Asia Pacific Index dipped 2.5%.

The MSCI Emerging Market Index declined 2.6%.

Currencies

The Bloomberg Dollar Spot Index rose 0.7%.

The euro decreased 0.8% to $1.1971.

The Japanese yen depreciated 0.8% to 107.92 per dollar.

Bonds

The yield on 10-year Treasuries rose six basis points to 1.54%.

Germany’s 10-year yield fell two basis points to -0.31%.

Britain’s 10-year yield decreased five basis points to 0.731%.

Commodities

West Texas Intermediate crude jumped 4.8% to $64.24 a barrel.

Gold fell 0.8% to $1,698.21 an ounce.