Key events this week:
S&P Global PMIs: US, Wednesday
University of Michigan sentiment, Wednesday
Minutes of the Federal Reserve’s Nov. 1-2 meeting, Wednesday
ECB publishes account of its October policy meeting, Thursday
US stock and bond markets are closed for the Thanksgiving holiday, Thursday
US stock and bond markets close early, Friday
Some of the main moves in markets:
Stocks
The S&P 500 rose 0.5% as of 2:06 p.m. New York time
The Nasdaq 100 rose 0.9%
The Dow Jones Industrial Average rose 0.3%
The MSCI World index rose 1.1%
Currencies
The Bloomberg Dollar Spot Index fell 0.7%
The euro rose 0.8% to $1.0391
The British pound rose 1.4% to $1.2055
The Japanese yen rose 1.1% to 139.61 per dollar
Cryptocurrencies
Bitcoin rose 3% to $16,618.68
Ether rose 4.6% to $1,181.12
Bonds
The yield on 10-year Treasuries declined four basis points to 3.71%
Germany’s 10-year yield declined five basis points to 1.93%
Britain’s 10-year yield declined 13 basis points to 3.01%
Commodities
West Texas Intermediate crude fell 4.3% to $77.44 a barrel
Gold futures rose 0.3% to $1,759.50 an ounce.
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