Key Events

Some corporate highlights:

Ford Motor Co. surged on plans to increase spending on electric vehicles.

Reddit favorites GameStop Corp. and AMC Entertainment Holdings Inc. soared -- delivering more losses to skeptics who have piled on bets against the two companies.

Retailers Dick’s Sporting Goods Inc. and Abercrombie & Fitch Co. climbed on better-than estimated results. Nordstrom Inc. tumbled on disappointing margins.

Here are some events this week:

U.S. initial jobless claims, GDP, durable goods, pending home sales on Thursday.

These are some of the main moves in markets:

Stocks

The S&P 500 rose 0.2% as of 4 p.m. New York time

The Nasdaq 100 rose 0.3%

The Dow Jones Industrial Average was little changed

The MSCI World index rose 0.2%

Currencies

The Bloomberg Dollar Spot Index rose 0.3%

The euro fell 0.5% to $1.2193

The British pound fell 0.2% to $1.4122

The Japanese yen fell 0.3% to 109.15 per dollar

Bonds

The yield on 10-year Treasuries advanced two basis points to 1.58%

Germany’s 10-year yield declined four basis points to -0.21%

Britain’s 10-year yield declined three basis points to 0.75%

Commodities

West Texas Intermediate crude rose 0.2% to $66 a barrel

Gold futures were little changed