Key Events

Here are some key events to watch this week:

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 fell 0.2% as of 4:01 p.m. New York time

The Nasdaq 100 fell 0.7%, more than any closing loss since June 3

The Dow Jones Industrial Average fell 0.3%, more than any closing loss since June 9

The MSCI World index fell 0.1% at 4:01 p.m. New York time, the most since June 9

Currencies

The Bloomberg Dollar Spot Index rose 0.1%, climbing for the third straight day, the longest winning streak since March 25

The euro was little changed at $1.2126

The British pound fell 0.2% to $1.4081

The Japanese yen was little changed at 110.06 per dollar

Bonds

The yield on 10-year Treasuries was little changed at 1.49%

Germany’s 10-year yield advanced two basis points to -0.23%

Britain’s 10-year yield advanced two basis points to 0.76%

Commodities

West Texas Intermediate crude rose 1.9% to $72.25 a barrel

Gold futures fell 0.3% to $1,860.10 an ounce