Wonder what the Archegos situa_老虎社区_美港股上老虎

Stonksaway
2021-03-29

Wonder what the Archegos situation will bring for the global economy. Hopefully it doesn't trigger a more widespread financial ripple... this will depend heavily on what caused the default in the first place.

Toplines Before US Market Open on Monday

U.S. stock futures traded lower in early pre-market tradeBank stocks drop after Archegos Capital collapses.Goldman Sachs, Credit Suisse, Nomura & more making the biggest moves in the premarket. U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 450 points in the previous session. The yield on the 10-year Treasury note traded almost flat at 1.66%.At 08:00 a.m. ET, Futures for the Dow Jones Industrial Average dropped 141 points to 32,813.00 while the S

Toplines Before US Market Open on Monday

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Hopefully it doesn't trigger a more widespread financial ripple... this will depend heavily on what caused the default in the first place.</body></html>","text":"Wonder what the Archegos situation will bring for the global economy. Hopefully it doesn't trigger a more widespread financial ripple... this will depend heavily on what caused the default in the first place.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/355933170","repostId":1142089569,"repostType":4,"repost":{"id":"1142089569","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617018992,"share":"https://www.laohu8.com/m/news/1142089569?lang=&edition=full","pubTime":"2021-03-29 19:56","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1142089569","media":"Tiger Newspress","summary":"U.S. stock futures traded lower in early pre-market tradeBank stocks drop after Archegos Capital collapses.Goldman Sachs, Credit Suisse, Nomura & more making the biggest moves in the premarket. U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 450 points in the previous session. The yield on the 10-year Treasury note traded almost flat at 1.66%.At 08:00 a.m. ET, Futures for the Dow Jones Industrial Average dropped 141 points to 32,813.00 while the S","content":"<ul><li>U.S. stock futures traded lower in early pre-market trade</li><li>Bank stocks drop after Archegos Capital collapses.</li><li>Goldman Sachs, Credit Suisse, Nomura &amp; more&nbsp;making the biggest moves in the premarket</li></ul>(March 29)&nbsp;&nbsp;U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 450 points in the previous session. The yield on the 10-year Treasury note traded almost flat at 1.66%.At 08:00 a.m. ET,&nbsp;Futures for the Dow Jones Industrial Average dropped 141 points to 32,813.00 while the Standard &amp; Poor’s 500 index futures fell 14.50 points at 3,950.25. Futures for the Nasdaq 100 index fell 14 points to 12,952.75.<img src=\"https://static.tigerbbs.com/8efdc205064b826bccfb0bf669f756eb\" tg-width=\"356\" tg-height=\"157\">*Source FromTiger Trade, EST 08:00Bank stocks drop after Archegos Capital collapses.&nbsp;Some of the biggest global banks drop in premarket trading after Archegos Capital, the family office run by Bill Hwang,wasforced to liquidate, putting the banks in danger of losing billions of dollars.Credit Suisse&nbsp;sinks 12.67%, Nomura&nbsp;slides 13%, Goldman Sachs&nbsp;&nbsp;drops 2.52%, and Morgan Stanley&nbsp;falls 4.73%, Deutsche Bank&nbsp;dips 3%.Stocks making the biggest moves in the premarket: Goldman Sachs, Credit Suisse, Nomura &amp; more1)&nbsp;Discovery Communications(DISCA),Viacom(VIAC) – Both stocks remain on watch this morning,after significant declines last week. A source with direct knowledge of the situation told CNBC the sell-off was due to forced liquidation of positions held by Archegos Capital Management. Discovery gained 4.4% in premarket trading, while Viacom rose 2.5%.2)&nbsp;Goldman Sachs(GS),Credit Suisse(CS),Nomura(NMR) – Goldman told shareholders that any losses it faces from the unwinding of trades by Archipelago Capital Management are likely to be immaterial, according to a person familiar with the matter who spoke to Bloomberg. Credit Suisse said it faced a possible “highly significant and material” hit to its first-quarter results, however, after an unspecified fund had “defaulted on margin calls” to it and other banks. Nomura said it faced a possible $2 billion loss. Goldman fell 3% in premarket trading, Credit Suisse tumbled 11.2% and Nomura plummeted 14.5%.3)&nbsp;Fly Leasing(FLY) – The Dublin-based aircraft leasing company agreed to be acquired byCarlyle Group(CG) affiliate Carlyle Aviation Partners for $17.05 per share, compared to Fly Leasing’s Friday close of $13.25. Fly Leasing soared 26.6% in premarket action.4)&nbsp;Boeing(BA) –Southwest Airlines(LUV) announced100 firm orders for Boeing’s 737 Max jet, while taking an option on 155 more jets. Southwest had been considering alternatives to the 737 Max during the time the jet was grounded following two fatal crashes. Boeing rose 2.7% in the premarket.5)&nbsp;Cal-Maine Foods(CALM) – The nation’s largest egg producer reported fiscal third-quarter profits of 28 cents per share, beating the 8 cents a share consensus estimate. Sales fell short of Wall Street forecasts. Cal-Maine said it benefited from strong demand for shell eggs, as consumers continued to eat more at home due to the pandemic. Cal-Maine gained 2.2% in premarket action.6)&nbsp;Tencent Music(TME) – The China-based music streaming serviceannounced a $1 billion share buyback, its biggest ever, and its shares rose 7.2% in premarket trading.7)&nbsp;Twitter(TWTR) – Twitter shares gained 2.1% in the premarket after Truist upgraded the stock to “buy” from “hold,” with the firm pointing to higher revenue growth estimates as well as what it refers to as “the most exciting product roadmap” it has ever seen from Twitter.8)&nbsp;Bilibili(BILI) – The China-based online video companymade its debut in Hong Kong tradingfollowing its secondary listing, closing 1% below its listing price. Its U.S. shares jumped 3.6% in premarket action.9)&nbsp;Visa(V) – Visa saidit would allow the use of USD Coin– a cryptocurrency pegged directly to the U.S. dollar – to settle transactions on its payments network.10)&nbsp;Amazon.com(AMZN) – JPMorgan Chase added the stock as a “top pick,” saying the company was among those poised to deliver strong sustainable growth at a reasonable valuation.11)&nbsp;Premier Financial Bancorp(PFBI) – Ohio-basedPeoples Bancorp(PEBO) will merge with West Virginia-based Premier in an all-stock deal valued at about $292 million. Peoples shares rose 2% in premarket trading, with Premier gaining 1.4%.Five Things You Need to Know to Start Your DayMargin call rattles markets, the ship starts to move, and global Covid cases rise.1、Tiger clubbedThe family office of former Tiger Management trader Bill Hwang was behind the unprecedented selling of more than $20 billion worth of shares on Friday, according to people directly familiar with the trades. The possibility of further trades looming combined with the usual end-quarter volatility means investors will be glued to their screens this morning. There have already been some large moves in Asia and Europe as Nomura Holdings Inc. tumbled after warning of a \"significant\" potential loss, while Credit Suisse Group AG fell after saying it may face a loss in the first quarter related to a U.S. hedge fund client defaulting in margin calls.2、Ship shiftedThe Ever Given container ship has been partly refloated, with maneuvers set to continue this morning to fully release the vessel. The salvage team said getting the front of the ship back in the water will be a challenge. The nearly week-long blockage of the channel has left billions of dollars of goods stuck on ships with 453 vessels queuing to cross the canal by yesterday evening. There is also a growing traffic jam on the other side of the world, with waiting times for ships to unload at the twin ports of Los Angeles and Long Beach, California lengthening amid shortages of equipment and labor.3、Cases risingGlobal cases of the coronavirus rose for the fifth straight week, with the death toll continuing to accelerate. India and Brazil are seeing some of their worst periods of the pandemic. In Germany, Chancellor Angela Merkel has threatened to exert federal authority over regions on Covid restrictions as cases mount. Some restrictions are being relaxed in the U.K. today, while the U.S. saw more than 3 million vaccine doses administered for the last three days in a row.4、Markets mixedGlobal equity markets are off to a bit of a nervous start to the week as investors try to gauge the extent of the fallout from Friday's trading. Overnight the MSCI Asia Pacific Index added 0.2% while Japan's Topix index closed around 0.5% higher. In Europe the Stoxx 600 Index was 0.2% higher at 5:50 a.m. Eastern Time with banks and financial services stocks among the worst performers. S&amp;P 500 futures dropped, the 10-year Treasury yield was at 1.657%, oil was lower and gold fell.5、Coming up...Dallas Fed manufacturing for March is at 10:30 a.m. It is a quiet start to the week for monetary policy speeches with only Fed Governor Chris Waller scheduled to speak today. The big focus this week from the data point of view will be Friday's payrolls number, with economists expecting more than 600,000 positions to have added this month.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2021-03-29 19:56\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>U.S. stock futures traded lower in early pre-market trade</li><li>Bank stocks drop after Archegos Capital collapses.</li><li>Goldman Sachs, Credit Suisse, Nomura &amp; more&nbsp;making the biggest moves in the premarket</li></ul>(March 29)&nbsp;&nbsp;U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 450 points in the previous session. The yield on the 10-year Treasury note traded almost flat at 1.66%.At 08:00 a.m. ET,&nbsp;Futures for the Dow Jones Industrial Average dropped 141 points to 32,813.00 while the Standard &amp; Poor’s 500 index futures fell 14.50 points at 3,950.25. Futures for the Nasdaq 100 index fell 14 points to 12,952.75.<img src=\"https://static.tigerbbs.com/8efdc205064b826bccfb0bf669f756eb\" tg-width=\"356\" tg-height=\"157\">*Source FromTiger Trade, EST 08:00Bank stocks drop after Archegos Capital collapses.&nbsp;Some of the biggest global banks drop in premarket trading after Archegos Capital, the family office run by Bill Hwang,wasforced to liquidate, putting the banks in danger of losing billions of dollars.Credit Suisse&nbsp;sinks 12.67%, Nomura&nbsp;slides 13%, Goldman Sachs&nbsp;&nbsp;drops 2.52%, and Morgan Stanley&nbsp;falls 4.73%, Deutsche Bank&nbsp;dips 3%.Stocks making the biggest moves in the premarket: Goldman Sachs, Credit Suisse, Nomura &amp; more1)&nbsp;Discovery Communications(DISCA),Viacom(VIAC) – Both stocks remain on watch this morning,after significant declines last week. A source with direct knowledge of the situation told CNBC the sell-off was due to forced liquidation of positions held by Archegos Capital Management. Discovery gained 4.4% in premarket trading, while Viacom rose 2.5%.2)&nbsp;Goldman Sachs(GS),Credit Suisse(CS),Nomura(NMR) – Goldman told shareholders that any losses it faces from the unwinding of trades by Archipelago Capital Management are likely to be immaterial, according to a person familiar with the matter who spoke to Bloomberg. Credit Suisse said it faced a possible “highly significant and material” hit to its first-quarter results, however, after an unspecified fund had “defaulted on margin calls” to it and other banks. Nomura said it faced a possible $2 billion loss. Goldman fell 3% in premarket trading, Credit Suisse tumbled 11.2% and Nomura plummeted 14.5%.3)&nbsp;Fly Leasing(FLY) – The Dublin-based aircraft leasing company agreed to be acquired byCarlyle Group(CG) affiliate Carlyle Aviation Partners for $17.05 per share, compared to Fly Leasing’s Friday close of $13.25. Fly Leasing soared 26.6% in premarket action.4)&nbsp;Boeing(BA) –Southwest Airlines(LUV) announced100 firm orders for Boeing’s 737 Max jet, while taking an option on 155 more jets. Southwest had been considering alternatives to the 737 Max during the time the jet was grounded following two fatal crashes. Boeing rose 2.7% in the premarket.5)&nbsp;Cal-Maine Foods(CALM) – The nation’s largest egg producer reported fiscal third-quarter profits of 28 cents per share, beating the 8 cents a share consensus estimate. Sales fell short of Wall Street forecasts. Cal-Maine said it benefited from strong demand for shell eggs, as consumers continued to eat more at home due to the pandemic. Cal-Maine gained 2.2% in premarket action.6)&nbsp;Tencent Music(TME) – The China-based music streaming serviceannounced a $1 billion share buyback, its biggest ever, and its shares rose 7.2% in premarket trading.7)&nbsp;Twitter(TWTR) – Twitter shares gained 2.1% in the premarket after Truist upgraded the stock to “buy” from “hold,” with the firm pointing to higher revenue growth estimates as well as what it refers to as “the most exciting product roadmap” it has ever seen from Twitter.8)&nbsp;Bilibili(BILI) – The China-based online video companymade its debut in Hong Kong tradingfollowing its secondary listing, closing 1% below its listing price. Its U.S. shares jumped 3.6% in premarket action.9)&nbsp;Visa(V) – Visa saidit would allow the use of USD Coin– a cryptocurrency pegged directly to the U.S. dollar – to settle transactions on its payments network.10)&nbsp;Amazon.com(AMZN) – JPMorgan Chase added the stock as a “top pick,” saying the company was among those poised to deliver strong sustainable growth at a reasonable valuation.11)&nbsp;Premier Financial Bancorp(PFBI) – Ohio-basedPeoples Bancorp(PEBO) will merge with West Virginia-based Premier in an all-stock deal valued at about $292 million. Peoples shares rose 2% in premarket trading, with Premier gaining 1.4%.Five Things You Need to Know to Start Your DayMargin call rattles markets, the ship starts to move, and global Covid cases rise.1、Tiger clubbedThe family office of former Tiger Management trader Bill Hwang was behind the unprecedented selling of more than $20 billion worth of shares on Friday, according to people directly familiar with the trades. The possibility of further trades looming combined with the usual end-quarter volatility means investors will be glued to their screens this morning. There have already been some large moves in Asia and Europe as Nomura Holdings Inc. tumbled after warning of a \"significant\" potential loss, while Credit Suisse Group AG fell after saying it may face a loss in the first quarter related to a U.S. hedge fund client defaulting in margin calls.2、Ship shiftedThe Ever Given container ship has been partly refloated, with maneuvers set to continue this morning to fully release the vessel. The salvage team said getting the front of the ship back in the water will be a challenge. The nearly week-long blockage of the channel has left billions of dollars of goods stuck on ships with 453 vessels queuing to cross the canal by yesterday evening. There is also a growing traffic jam on the other side of the world, with waiting times for ships to unload at the twin ports of Los Angeles and Long Beach, California lengthening amid shortages of equipment and labor.3、Cases risingGlobal cases of the coronavirus rose for the fifth straight week, with the death toll continuing to accelerate. India and Brazil are seeing some of their worst periods of the pandemic. In Germany, Chancellor Angela Merkel has threatened to exert federal authority over regions on Covid restrictions as cases mount. Some restrictions are being relaxed in the U.K. today, while the U.S. saw more than 3 million vaccine doses administered for the last three days in a row.4、Markets mixedGlobal equity markets are off to a bit of a nervous start to the week as investors try to gauge the extent of the fallout from Friday's trading. Overnight the MSCI Asia Pacific Index added 0.2% while Japan's Topix index closed around 0.5% higher. In Europe the Stoxx 600 Index was 0.2% higher at 5:50 a.m. Eastern Time with banks and financial services stocks among the worst performers. S&amp;P 500 futures dropped, the 10-year Treasury yield was at 1.657%, oil was lower and gold fell.5、Coming up...Dallas Fed manufacturing for March is at 10:30 a.m. It is a quiet start to the week for monetary policy speeches with only Fed Governor Chris Waller scheduled to speak today. The big focus this week from the data point of view will be Friday's payrolls number, with economists expecting more than 600,000 positions to have added this month.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b7865a73f5045fde63e8e6bbb5b24560","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142089569","content_text":"U.S. stock futures traded lower in early pre-market tradeBank stocks drop after Archegos Capital collapses.Goldman Sachs, Credit Suisse, Nomura & more making the biggest moves in the premarket(March 29)  U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 450 points in the previous session. The yield on the 10-year Treasury note traded almost flat at 1.66%.At 08:00 a.m. ET, Futures for the Dow Jones Industrial Average dropped 141 points to 32,813.00 while the Standard & Poor’s 500 index futures fell 14.50 points at 3,950.25. Futures for the Nasdaq 100 index fell 14 points to 12,952.75.*Source FromTiger Trade, EST 08:00Bank stocks drop after Archegos Capital collapses. Some of the biggest global banks drop in premarket trading after Archegos Capital, the family office run by Bill Hwang,wasforced to liquidate, putting the banks in danger of losing billions of dollars.Credit Suisse sinks 12.67%, Nomura slides 13%, Goldman Sachs  drops 2.52%, and Morgan Stanley falls 4.73%, Deutsche Bank dips 3%.Stocks making the biggest moves in the premarket: Goldman Sachs, Credit Suisse, Nomura & more1) Discovery Communications(DISCA),Viacom(VIAC) – Both stocks remain on watch this morning,after significant declines last week. A source with direct knowledge of the situation told CNBC the sell-off was due to forced liquidation of positions held by Archegos Capital Management. Discovery gained 4.4% in premarket trading, while Viacom rose 2.5%.2) Goldman Sachs(GS),Credit Suisse(CS),Nomura(NMR) – Goldman told shareholders that any losses it faces from the unwinding of trades by Archipelago Capital Management are likely to be immaterial, according to a person familiar with the matter who spoke to Bloomberg. Credit Suisse said it faced a possible “highly significant and material” hit to its first-quarter results, however, after an unspecified fund had “defaulted on margin calls” to it and other banks. Nomura said it faced a possible $2 billion loss. Goldman fell 3% in premarket trading, Credit Suisse tumbled 11.2% and Nomura plummeted 14.5%.3) Fly Leasing(FLY) – The Dublin-based aircraft leasing company agreed to be acquired byCarlyle Group(CG) affiliate Carlyle Aviation Partners for $17.05 per share, compared to Fly Leasing’s Friday close of $13.25. Fly Leasing soared 26.6% in premarket action.4) Boeing(BA) –Southwest Airlines(LUV) announced100 firm orders for Boeing’s 737 Max jet, while taking an option on 155 more jets. Southwest had been considering alternatives to the 737 Max during the time the jet was grounded following two fatal crashes. Boeing rose 2.7% in the premarket.5) Cal-Maine Foods(CALM) – The nation’s largest egg producer reported fiscal third-quarter profits of 28 cents per share, beating the 8 cents a share consensus estimate. Sales fell short of Wall Street forecasts. Cal-Maine said it benefited from strong demand for shell eggs, as consumers continued to eat more at home due to the pandemic. Cal-Maine gained 2.2% in premarket action.6) Tencent Music(TME) – The China-based music streaming serviceannounced a $1 billion share buyback, its biggest ever, and its shares rose 7.2% in premarket trading.7) Twitter(TWTR) – Twitter shares gained 2.1% in the premarket after Truist upgraded the stock to “buy” from “hold,” with the firm pointing to higher revenue growth estimates as well as what it refers to as “the most exciting product roadmap” it has ever seen from Twitter.8) Bilibili(BILI) – The China-based online video companymade its debut in Hong Kong tradingfollowing its secondary listing, closing 1% below its listing price. Its U.S. shares jumped 3.6% in premarket action.9) Visa(V) – Visa saidit would allow the use of USD Coin– a cryptocurrency pegged directly to the U.S. dollar – to settle transactions on its payments network.10) Amazon.com(AMZN) – JPMorgan Chase added the stock as a “top pick,” saying the company was among those poised to deliver strong sustainable growth at a reasonable valuation.11) Premier Financial Bancorp(PFBI) – Ohio-basedPeoples Bancorp(PEBO) will merge with West Virginia-based Premier in an all-stock deal valued at about $292 million. Peoples shares rose 2% in premarket trading, with Premier gaining 1.4%.Five Things You Need to Know to Start Your DayMargin call rattles markets, the ship starts to move, and global Covid cases rise.1、Tiger clubbedThe family office of former Tiger Management trader Bill Hwang was behind the unprecedented selling of more than $20 billion worth of shares on Friday, according to people directly familiar with the trades. The possibility of further trades looming combined with the usual end-quarter volatility means investors will be glued to their screens this morning. There have already been some large moves in Asia and Europe as Nomura Holdings Inc. tumbled after warning of a \"significant\" potential loss, while Credit Suisse Group AG fell after saying it may face a loss in the first quarter related to a U.S. hedge fund client defaulting in margin calls.2、Ship shiftedThe Ever Given container ship has been partly refloated, with maneuvers set to continue this morning to fully release the vessel. The salvage team said getting the front of the ship back in the water will be a challenge. The nearly week-long blockage of the channel has left billions of dollars of goods stuck on ships with 453 vessels queuing to cross the canal by yesterday evening. There is also a growing traffic jam on the other side of the world, with waiting times for ships to unload at the twin ports of Los Angeles and Long Beach, California lengthening amid shortages of equipment and labor.3、Cases risingGlobal cases of the coronavirus rose for the fifth straight week, with the death toll continuing to accelerate. India and Brazil are seeing some of their worst periods of the pandemic. In Germany, Chancellor Angela Merkel has threatened to exert federal authority over regions on Covid restrictions as cases mount. Some restrictions are being relaxed in the U.K. today, while the U.S. saw more than 3 million vaccine doses administered for the last three days in a row.4、Markets mixedGlobal equity markets are off to a bit of a nervous start to the week as investors try to gauge the extent of the fallout from Friday's trading. Overnight the MSCI Asia Pacific Index added 0.2% while Japan's Topix index closed around 0.5% higher. In Europe the Stoxx 600 Index was 0.2% higher at 5:50 a.m. Eastern Time with banks and financial services stocks among the worst performers. S&P 500 futures dropped, the 10-year Treasury yield was at 1.657%, oil was lower and gold fell.5、Coming up...Dallas Fed manufacturing for March is at 10:30 a.m. It is a quiet start to the week for monetary policy speeches with only Fed Governor Chris Waller scheduled to speak today. The big focus this week from the data point of view will be Friday's payrolls number, with economists expecting more than 600,000 positions to have added this month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":176,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}