Benzinga | Mar 29, 2021 02:34PM 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 down 0.2% to near 3,957.

* 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 0.92% to near $61.53/barrel.

* Gold down 1.26% to near $1,710/oz.

* Silver down 1.78% to near $24.60/oz.

Crypto

* Bitcoin up 3.53% over the last 24 hours to near $57,728.