Cybersecurity

Stocks Shrug Off Trade Rancor as Busy Week Begins: Markets Wrap

Focus shifts from G-7 to major central banks, Trump-Kim summit
Italian bonds jump after reassurance on euro; oil ends skid

Markets "overwhelmed" by event risk this week, says Valentin Marinov, head of G-10 FX strategy at Credit Agricole.Source: Bloomberg

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By Sarah Ponczek and Janine Wolf

June 10, 2018 at 10:32 PM UTC

Updated on

June 11, 2018 at 8:06 PM UTC

This article is for subscribers only.

U.S. equities shrugged off the weekend’s trade drama as investors started a hectic week during which three major central banks set interest rates, President Donald Trump meets North Korea’s leader and Brexit returns to the fore.

The S&P 500 Index rose Monday for the second straight session, but not without giving up some gains just before the close. The dollar climbed with Treasury yields, and Texas crude and gold both advanced.