Key events this week:
US University of Michigan consumer sentiment, Friday
Some of the main moves in markets:
Stocks
The S&P 500 rose 5.5% as of 4 p.m. New York time
The Nasdaq 100 rose 7.5%
The Dow Jones Industrial Average rose 3.7%
The MSCI World index rose 4.5%
Currencies
The Bloomberg Dollar Spot Index fell 2%
The euro rose 1.8% to $1.0196
The British pound rose 3.1% to $1.1713
The Japanese yen rose 3.6% to 141.26 per dollar
Cryptocurrencies
Bitcoin rose 15% to $18,080.76
Ether rose 21% to $1,336.02
Bonds
The yield on 10-year Treasuries declined 27 basis points to 3.82%
Germany’s 10-year yield declined 16 basis points to 2.01%
Britain’s 10-year yield declined 16 basis points to 3.29%
Commodities
West Texas Intermediate crude rose 0.5% to $86.27 a barrel
Gold futures rose 2.5% to $1,756.90 an ounce.
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