Stocks, Bonds Fluctuate in Holiday-Thinned Trade: Markets Wrap

Stocks and bonds posted small moves amid muted holiday trading after Friday’s benign US inflation data reinforced expectations that the Federal Reserve will cut interest rates this year.

Futures on the S&P 500 were flat and Europe’s Stoxx 600 index gained 0.1%. NatWest Group Plc climbed 4.8% after Citigroup Inc. raised its price target on the UK lender. German bunds and Treasury futures were steady after US yields touched the lowest since December on Friday.