Key Events

Here are some key events to watch this week:

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 0.5%, more than any closing loss since May 18 as of 4:02 p.m. New York time

The Nasdaq 100 fell 0.3% to the lowest since June 10

The Dow Jones Industrial Average fell 0.8%, more than any closing loss since May 18

The MSCI World index fell 0.6% at 4:02 p.m. New York time, the most since June 3

Currencies

The Bloomberg Dollar Spot Index rose 0.8%, more than any closing gain in about a year

The euro slipped 1%, more than any closing loss in about 15 months

The British pound slipped 0.6%, more than any closing loss since May 12

The Japanese yen slipped 0.5%, more than any closing loss since June 3

Bonds

The yield on 10-year Treasuries advanced eight basis points, more than any closing gain since March 12

Germany’s 10-year yield declined two basis points to -0.25%

Britain’s 10-year yield declined two basis points to 0.74%

Commodities

West Texas Intermediate crude fell 0.4% to $71.84 a barrel

Gold futures fell 1.4%, falling for the fourth straight day, the longest losing streak since April 30