Market Movers

What to watch this week:

U.S. President Joe Biden may make his choice this week on whether to renominate Fed Chair Jerome Powell to a second term

ECB President Christine Lagarde holds a press conference after the bank’s rate decision Thursday

China PPI, CPI, new yuan loans, money supply, aggregate financing, Thursday

Some of the main moves in markets:

Stocks

The S&P 500 fell 0.1%

The Nasdaq 100 fell 0.4%

The Dow Jones Industrial Average fell 0.2%

The MSCI World index fell 0.4%

Currencies

The Bloomberg Dollar Spot Index rose 0.1%

The euro fell 0.2% to $1.1819

The British pound was little changed at $1.3774

The Japanese yen was little changed at 110.27 per dollar

Bonds

The yield on 10-year Treasuries declined four basis points to 1.34%

Germany’s 10-year yield was little changed at -0.32%

Britain’s 10-year yield was little changed at 0.74%

Commodities

West Texas Intermediate crude rose 1.4% to $69.34 a barrel