US, European stocks pause near record highs ahead of central bank actions, jobs data

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Key Points

NEW YORK (Reuters) -Wall Street followed European counterparts into the red on Monday and U.S. Treasury yields ticked higher as investors looked ahead to key jobs data and congressional testimony from Federal Reserve Chair Jerome Powell...

Just as European stocks backed off from a record high, powered by tech shares, the major U.S. equity indexes were modestly softer in the wake of Fridays record-setting rally...

Market participants appeared to be treading water ahead of Powells two-day congressional testimony expected later in the week, the European Central Banks policy decision and the Labor Departments crucial February jobs report due early Friday...

European shares crept to another record high, but reversed gains as investors looked ahead to the European Central Banks monetary policy meeting later in the week...

U.S. Treasury yields edged higher ahead of a busy week of central bank activity and economic indicators...

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