Key Events

Some key events to watch this week:

European Central Bank rate decision Thursday

Bank Indonesia rate decision Thursday

U.S. existing home sales Thursday

The Tokyo Summer Olympics begin Friday

Here are some of the main market moves:

Stocks

The S&P 500 rose 0.8% as of 4 p.m. New York time

The Nasdaq 100 rose 0.8%

The Dow Jones Industrial Average rose 0.8%

The MSCI World index rose 1%

The Russell 2000 Index rose 1.8%

Currencies

The Bloomberg Dollar Spot Index fell 0.2%

The euro rose 0.2% to $1.1800

The British pound rose 0.7% to $1.3718

The Japanese yen fell 0.4% to 110.27 per dollar

Bonds

The yield on 10-year Treasuries advanced seven basis points to 1.29%

Germany’s 10-year yield advanced two basis points to -0.39%

Britain’s 10-year yield advanced four basis points to 0.60%

Commodities

West Texas Intermediate crude rose 4.4% to $70.19 a barrel

Gold futures fell 0.4% to $1,804.40 an ounce