In addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to scrutinise a statement and press conference from Fed Chair Jerome Powell due late Wednesday.
They will be looking to see how the central bank will balance fast-rising prices with the complication of increased coronavirus infections. All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday but S&P 500 futures dropped 0.14%.The dollar hovered a little below recent highs, with the euro and sterling gaining some ground, the latter helped by a decline in new daily COVID-19 cases in the UK.The yield on benchmark 10-year Treasury notes was 1.2812% compared with its U.S. close of 1.276%, while the two-year yield touched 0.2134% compared with a U.S. close of 0.196%.
Gold was slightly higher, with spot gold trading at $1,797.28 per ounce, while U.S. crude ticked up 0.43% to $72.22 a barrel. Bitcoin dropped to below $37,000 from a Monday peak of $40,581 after Amazon.com offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
Small scenes, how big things are jumping up and down, calm down
this is terrible news
中国的发展牵动全世界的神经。如今的世界，你中有我，我中有你。一起发展，避免对抗。China's development affects the nerves of the whole world. Today's world, you have me, I have you. Develop together and avoid confrontation.