U.S. Stocks Climb Before Central Bank Decisions: Markets Wrap
- Dollar bounces back; Treasury yields rise; gold declines
- Brexit vote roils pound; Turkish lira leads EM currency drop
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U.S. stock indexes finished higher in listless trading Tuesday as investors put the U.S.-North Korea meeting in the rear-view and looked forward to this week’s big central bank decisions.
Approaching the close, the S&P 500 Index recovered from session lows amid below-average volume. Yields on 10-year Treasuries climbed, while the dollar gained and the euro fell. Safe-haven assets including the yen and gold edged lower after President Donald Trump and Kim Jong Un signed a document pledging to work toward peace on the Korean peninsula.