Here are some key events to watch this week:
U.S. CPI report Wednesday is forecast to show prices continued to increase in April
Bank of England Governor Andrew Bailey speaks Wednesday
These are some of the main moves in markets:
Stocks
The S&P 500 fell 0.9% to the lowest since April 22 as of 4 p.m. New York time
The Nasdaq 100 fell 0.1% to the lowest since April 1
The Dow Jones Industrial Average fell 1.4%, more than any closing loss since Feb. 26
The MSCI World index fell 1.2%, more than any closing loss since March 4
Currencies
The Bloomberg Dollar Spot Index was little changed
The euro rose 0.2% to $1.2149
The British pound rose 0.2% to the highest in about three years
The Japanese yen rose 0.1% to 108.66 per dollar
Bonds
The yield on 10-year Treasuries advanced two basis points, climbing for the fourth straight day, the longest winning streak since March 19
Germany’s 10-year yield advanced five basis points, more than any closing gain since March 3
Britain’s 10-year yield advanced five basis points, more than any closing gain since March 18
Commodities
West Texas Intermediate crude rose 0.7% to $65 a barrel
Gold futures rose 0.1%, climbing for the fifth straight day
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