Coming Up

It’s a shortened trading week because of the Thanksgiving holiday in the U.S. on Thursday. In addition, Black Friday, the day after Thanksgiving, marks the traditional start to the U.S. holiday shopping season.

These are the main moves in markets:

Stocks

The S&P 500 was down 1 percent at 11:02 a.m. in New York. The Stoxx Europe 600 Index sank 1 percent, hitting the lowest since December 2016. The U.K.’s FTSE 100 Index retreated 0.8 percent. Germany’s DAX Index lost 1.3 percent, reaching the lowest in almost two years. The MSCI Emerging Market Index dove 1.5 percent. The MSCI Asia Pacific Index declined 1.2 percent, the biggest dip in two weeks.

Currencies

The Bloomberg Dollar Spot Index gained 0.3 percent. The euro declined 0.5 percent to $1.1392, the first retreat in more than a week. The British pound fell 0.2 percent to $1.2827. The Japanese yen fell 0.1 percent to 112.63 per dollar.

Bonds

The yield on 10-year Treasurys declined two basis points to 3.0573 percent, the lowest since September Germany’s 10-year yield dipped two basis points to 0.353 percent. Britain’s 10-year yield advanced one basis point to 1.389 percent.

Commodities