Stocks Climb Toward Record With Rally in Big Tech: Markets Wrap

 

Stocks

• The S&P 500 increased 0.3% as of 10:05 a.m. New York time.
• The Stoxx Europe 600 Index climbed 0.3%.
• The MSCI Asia Pacific Index advanced 0.1%.

Currencies

• The Bloomberg Dollar Spot Index decreased 0.2%.
• The euro advanced 0.1% to $1.1859.
• The Japanese yen appreciated 0.4% to 106.17 per dollar.

Bonds

• The yield on 10-year Treasuries decreased three basis points to 0.68%.
• Germany’s 10-year yield declined two basis points to -0.44%.
• Britain’s 10-year yield declined two basis points to 0.226%.

Commodities

• The Bloomberg Commodity Index climbed 1.2%.
• West Texas Intermediate crude was unchanged at $42.01 a barrel.
• Gold increased 1.4% to $1,976.70 an ounce.

Here are some key events coming up:

• Earnings include Walmart Inc. and Home Depot Inc. on Tuesday. Target Corp. and Nvidia report on Wednesday. Results from Alibaba Group Holding Ltd. and Qantas Airways Ltd. are due Thursday.
• Minutes of the latest FOMC meeting are due Wednesday.
• The EIA’s crude oil inventory report comes out Wednesday.
• The Joint Ministerial Monitoring Committee — the panel that reviews the OPEC+ agreement — is due to meet on Wednesday.
• U.S. jobless claims for the week ended Aug. 15 are due Thursday.
• China’s loan prime rate is due Thursday.
• Euro-area PMIs will be released on Friday.