Here are some events to watch this week:
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 rose 0.2% as of 4 p.m. New York time
The Nasdaq 100 fell 0.1%
The Dow Jones Industrial Average rose 0.3%
The MSCI World index fell 0.3%
Currencies
The Bloomberg Dollar Spot Index rose 0.7%
The euro fell 0.8% to $1.1594
The British pound fell 0.9% to $1.3420
The Japanese yen fell 0.4% to 111.99 per dollar
Bonds
The yield on 10-year Treasuries fell one basis point to 1.53%
Germany’s 10-year yield declined one basis point to -0.21%
Britain’s 10-year yield was little changed at 0.99%
Commodities
West Texas Intermediate crude fell 0.9% to $74.61 a barrel
Gold futures fell 0.7% to $1,725.10 an ounce
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