What's Moving The Market Monday?

Top News

• Credit Suisse CS said as a result of the Archegos Capital Management default, the bank may see significant losses material to their first-quarter results. Bank stocks traded lower in early trade Monday.
• Deutsche Bank DB said they have significantly de-risked exposure without incurring any losses, and will continue to unwind the client positions.
• The stranded ship stuck in the Suez Canal has been re-floated, allowing vessels to resume travel through the waterway later this week.
• Visa V said the company will allow the use of USD Coin, a stablecoin, to settle transactions on their payment network.

Indices Around The Globe

• S&P 500 Futures flat to near 3,964.
• U.K.'s FTSE 100 down 0.07% to near 6,736.
• Japan's Nikkei 225 up 0.71% to near 29,384.

Bonds

• 10-year treasury yield at 1.71%.

Commodities

• Crude oil up 1% to near $61.58/barrel.
• Gold down 1.2% to near $1,711/oz.
• Silver down 1.6% to near $24.64/oz.

Crypto

• Bitcoin up 4.25% over the last 24 hours to near $57,532.

Preview For Tuesday, March 30

• United States Case-Shiller NSA - 9 a.m. EDT
• Consumer Confidence - 10 a.m. EDT
• API Weekly Crude, Gasoline, Distillates - 4:30 p.m. EDT