Here are some key events to watch this week:
An EU-U.S. summit takes place in Brussels on Tuesday
Data on U.S. industrial production, producer prices and retail sales come Tuesday
The Federal Open Market Committee rate decision comes on Wednesday, with a news conference from Jerome Powell after
U.S. President Joe Biden and Russia’s Vladimir Putin meet Wednesday in Geneva
U.S. Treasury Secretary Janet Yellen testifies before a House panel Thursday on the federal budget
Rate decisions come from Switzerland and Norway on Thursday
The Bank of Japan’s monetary policy decision is on Friday
These are some of the main moves in markets:
Stocks
The S&P 500 rose 0.2% to a record high as of 4:03 p.m. New York time
The Nasdaq 100 rose 0.9% to a record high
The Dow Jones Industrial Average fell 0.2% to the lowest since May 26
The MSCI World index rose 0.2% to a record high
Currencies
The Bloomberg Dollar Spot Index rose 0.1% to the highest since June 3
The euro was little changed at $1.2121
The British pound was unchanged at $1.4107
The Japanese yen slipped 0.4%, more than any closing loss since June 3
Bonds
The yield on 10-year Treasuries advanced four basis points, more than any closing gain since May 12
Germany’s 10-year yield advanced two basis points, more than any closing gain since May 27
Britain’s 10-year yield advanced three basis points, more than any closing gain since June 3
Commodities
West Texas Intermediate crude rose 0.2% to $71.08 a barrel
Gold futures fell 0.6% to $1,867.60 an ounce
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