Here are some key events to watch this week:
US core PCE price index; personal income and spending; wholesale inventories; University of Michigan consumer sentiment Friday
Some of the main moves in markets:
Stocks
The S&P 500 rose 1.6% as of 11 a.m. New York time
The Nasdaq 100 rose 2%
The Dow Jones Industrial Average rose 1.4%
The Stoxx Europe 600 rose 0.8%
The MSCI World index rose 1.2%
Currencies
The Bloomberg Dollar Spot Index fell 0.1%
The euro rose 0.3% to $1.0716
The British pound was little changed at $1.2572
The Japanese yen was little changed at 127.33 per dollar
Bonds
The yield on 10-year Treasuries advanced two basis points to 2.76%
Germany’s 10-year yield advanced four basis points to 0.99%
Britain’s 10-year yield advanced five basis points to 1.96%
Commodities
West Texas Intermediate crude rose 3.5% to $114.23 a barrel
Gold futures fell 0.1% to $1,850.50 an ounce
Stocks
The S&P 500 rose 1.6% as of 11 a.m. New York time
The Nasdaq 100 rose 2%
The Dow Jones Industrial Average rose 1.4%
The Stoxx Europe 600 rose 0.8%
The MSCI World index rose 1.2%
Currencies
The Bloomberg Dollar Spot Index fell 0.1%
The euro rose 0.3% to $1.0716
The British pound was little changed at $1.2572
The Japanese yen was little changed at 127.33 per dollar
Bonds
The yield on 10-year Treasuries advanced two basis points to 2.76%
Germany’s 10-year yield advanced four basis points to 0.99%
Britain’s 10-year yield advanced five basis points to 1.96%
Commodities
West Texas Intermediate crude rose 3.5% to $114.23 a barrel
Gold futures fell 0.1% to $1,850.50 an ounce
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