Benzinga | Mar 29, 2021 04:29PM EDT

What's Moving The Market Monday?

Top News

* Credit Suisse (NYSE: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 (NYSE: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 (NYSE: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