Treasury yields fell across the curve. Yields on short-dated bills - the most at risk of a default - were indicated lower as they extended a decline from recent highs. Contracts on the S&P 500 and Nasdaq 100 rose 0.5 per cent and 1 per cent respectively. Nvidia Corp. advanced 3.1 per cent in premarket trading after CEO Jensen Huang unveiled several AI-related products and services
European stocks fluctuated. Nestle SA and Unilever Plc declined after both announced the appointment of new chief financial officers, underscoring a changing of the guard at consumer-goods companies as inflation pressures the industry. Euro-area government bonds got a boost from data showing inflation in Spain slowed more than expected in May.
For Fed policymakers, details of the deal will be another consideration when they meet next month, with markets pricing in an increase of 25 basis points by July. The focus this week will be on U.S. jobs data, due Friday, with economists expecting the addition of 200,000 payrolls in May, down from average monthly growth of about 370,000 over the past year.
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