Key events this week:
Bank of England rate decision and briefing, Thursday
OPEC+ convenes virtually for a regular meeting, Thursday
U.S. April jobs report, Friday
Some of the main moves in markets:
Stocks
The S&P 500 rose 3% as of 4 p.m. New York time
The Nasdaq 100 rose 3.4%
The Dow Jones Industrial Average rose 2.8%
The MSCI World index rose 2%
Currencies
The Bloomberg Dollar Spot Index fell 0.9%
The euro rose 0.9% to $1.0615
The British pound rose 1% to $1.2626
The Japanese yen rose 0.8% to 129.14 per dollar
Bonds
The yield on 10-year Treasuries declined five basis points to 2.92%
Germany’s 10-year yield was little changed at 0.97%
Britain’s 10-year yield was little changed at 1.97%
Commodities
West Texas Intermediate crude rose 5.4% to $107.97 a barrel
Gold futures rose 0.8% to $1,886.40 an ounce.
Stocks
The S&P 500 rose 3% as of 4 p.m. New York time
The Nasdaq 100 rose 3.4%
The Dow Jones Industrial Average rose 2.8%
The MSCI World index rose 2%
Currencies
The Bloomberg Dollar Spot Index fell 0.9%
The euro rose 0.9% to $1.0615
The British pound rose 1% to $1.2626
The Japanese yen rose 0.8% to 129.14 per dollar
Bonds
The yield on 10-year Treasuries declined five basis points to 2.92%
Germany’s 10-year yield was little changed at 0.97%
Britain’s 10-year yield was little changed at 1.97%
Commodities
West Texas Intermediate crude rose 5.4% to $107.97 a barrel
Gold futures rose 0.8% to $1,886.40 an ounce.
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