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(Bloomberg) -- Stocks dropped and U.S. equity-index futures sank after an acrimonious American presidential debate highlighted the risk of a contested vote in November. A gauge of the dollar held steady.S&P 500 futures fell as much as 1.3% in the hours after the chaotic sparring between Donald Trump and Democratic hopeful Joe Biden during which the president suggested vote-by-mail could be rife with fraud. The Stoxx Europe 600 opened lower, and most Asian markets slipped.“What we’ve seen from the debate is the reinforcement that if Biden wins, Trump is not going to accept that,” said Chris Weston, head of research at Pepperstone Group Ltd. in Melbourne. “People positioned for an ugly contest afterwards have been validated.”Traders were also recalibrating positions on the final day of this quarter. Walt Disney Co. shares fell in late trading after it said 28,000 workers will be let go in its slumping U.S. resort business, marking one of the deepest workforce reductions of the Covid-19 era.Global investors are keeping an eye on news about coronavirus vaccines and on talks in Washington for a new stimulus package that’s set to reach a critical juncture this week. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke Tuesday morning for 50 minutes and are set to speak again Wednesday.Earlier in Asia, China Evergrande Group’s bonds and stocks climbed after the developer took a major step toward avoiding a cash crunch. China markets are shut from Thursday for a week of holidays. South Korea is closed Wednesday. Equity gauges in Japan and Australia declined by at least 2%.Here are some key events coming up:The EIA crude oil inventory report comes out Wednesday.The September U.S. employment report on Friday will be the last before the November election.These are the main moves in markets:StocksThe Stoxx Europe 600 Index fell 0.3% as of 8:12 a.m. London time.Futures on the S&P 500 Index dropped 0.6%.Nasdaq 100 Index futures declined 0.8%.The MSCI Asia Pacific Index decreased 0.6%.CurrenciesThe Bloomberg Dollar Spot Index was little changed.Sterling weakened 0.1% to 0.9143 per euro.The Japanese yen was little changed at 105.61 per dollar.The Mexican peso strengthened 0.4% to 22.3792 per dollar.BondsThe yield on 10-year Treasuries climbed less than one basis point to 0.65%.Germany’s 10-year yield jumped one basis point to -0.54%.Britain’s 10-year yield increased one basis point to 0.192%.New Zealand’s 10-year yield climbed five basis points to 0.519%.CommoditiesWest Texas Intermediate crude fell 0.5% to $39.09 a barrel.Gold dipped 0.5% to $1,888.28 an ounce.Silver weakened 1.3% to $23.87 per ounce.Iron ore surged 3% to $120.28 per metric ton.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.