Here are key events to watch this week:
Fed Chair Jerome Powell, Fed Governor Michelle Bowman and Vice Chairman Richard Clarida discuss pandemic recovery, Friday
Here are the main moves in markets:
Stocks
The S&P 500 rose 1.2% as of 4:03 p.m. New York time
The Nasdaq 100 rose 0.9%
The Dow Jones Industrial Average rose 1.5%
The MSCI World index rose 1%
Currencies
The Bloomberg Dollar Spot Index fell 0.4%
The euro rose 0.5% to $1.1740
The British pound rose 0.7% to $1.3723
The Japanese yen fell 0.5% to 110.28 per dollar
Bonds
The yield on 10-year Treasuries advanced 12 basis points to 1.42%
Germany’s 10-year yield advanced seven basis points to -0.26%
Britain’s 10-year yield advanced 11 basis points to 0.91%
Commodities
West Texas Intermediate crude rose 1.4% to $73.21 a b
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