Events For The Week

Here are some events to watch this week:

Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen to testify at a Senate Banking Committee hearing Tuesday

European Central Bank President Christine Lagarde speaks Tuesday at the ECB Forum on Central Banking

Japan’s ruling party votes to elect leader, Wednesday

Central bank chiefs Andrew Bailey (BOE), Haruhiko Kuroda (BOJ), Christine Lagarde (ECB) and Jerome Powell (Fed) participate in an ECB Forum panel, Wednesday

House Financial Services Committee hearing on the Fed, Treasury’s pandemic response, Thursday

China Caixin manufacturing PMI, non-manufacturing PMI, Thursday

Univ. of Michigan sentiment, ISM manufacturing, U.S. construction spending, spending/personal income Friday

Some of the main moves in markets:

Stocks

The S&P 500 fell 0.3% as of 4 p.m. New York time

The Nasdaq 100 fell 0.8%

The Dow Jones Industrial Average rose 0.2%

The MSCI World index fell 0.2%

The Russell 2000 Index rose 1.5%

Currencies

The Bloomberg Dollar Spot Index was little changed

The euro fell 0.2% to $1.1698

The British pound rose 0.2% to $1.3705

The Japanese yen fell 0.2% to 111.00 per dollar

Bonds

The yield on 10-year Treasuries rose three basis points to 1.49%

Germany’s 10-year yield was little changed at -0.22%

Britain’s 10-year yield advanced three basis points to 0.95%

Commodities

West Texas Intermediate crude rose 2% to $75.46 a barrel

Gold futures were little changed