| | The S&P 500 was nearly flat in Monday afternoon trading, with bank shares falling amid warnings of potential losses from a hedge fund's default on margin calls, while optimism over the economy limited the day's declines. | |
| Shipping was on the move again late on Monday in Egypt's Suez Canal after a giant container ship which had been blocking the busy waterway for almost a week was refloated, with more than 400 ships waiting to pass through. | |
| Nomura and Credit Suisse are facing billions of dollars in losses and regulatory scrutiny after a U.S. investment firm, named by sources as Archegos Capital, defaulted on equity derivative bets, putting investors on edge about who else might be exposed. | |
| U.S. bank stocks fell broadly on Monday on news of losses at some global investment banks after a fund's default, even knocking down shares of domestic lenders generally removed from equity markets. | |
| NEW YORK (Reuters) -Oil prices edged higher on Monday after Reuters reported that Russia would support stable oil output from OPEC+ ahead of a meeting with the producer group later this week. | |
| NEW YORK (Reuters) -A gauge of global equities fell on Monday after Nomura and Credit Suisse warned of billions of dollars in losses from an unnamed U.S. hedge fund's default, while crude prices slid as container traffic in the Suez Canal resumed. | |
| Shares in ViacomCBS fell sharply and Discovery Inc stock swung between gains and losses on Monday after steep declines last week triggered by a hedge fund defaulting on margin calls.ViacomCBS shares traded down 3.4% at $46.58 after hitting a low of $43.00 while Discovery was up 2.3% at $42.85 after hitting a low of $39.82 earlier in the session. | |
| Boeing Co asked a Delaware court to throw out a shareholders' lawsuit over the safety of its 737 MAX following fatal crashes, saying the board engaged in "robust and well-established" oversight of jet's development. | |
| News about the partial refloating of the giant container ship that was stuck in the Suez Canal is good, but completing the operation would not be a "piece of cake", Boskalis CEO Peter Berdowski told Dutch public radio on Monday. | |
| Russia's energy ministry said on Monday a stranded container ship blocking Egypt's Suez Canal has highlighted the safety and sustainability of its Northern Sea Route (NSR) and Russian energy pipelines. | |
| * Shipping traffic in canal resumes after container ship freed | |
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