Stock exchange today: Dow, S&P Live Updates from March 29

Asian markets on Monday suggest a muted response to a wave of block trades that wiped out $ 35 billion from leading stocks, eclipsing a record close on Wall Street last week.

U.S. Equity Futures edged down slightly on the open and futures pointed higher in Japan and Australia earlier. Still, the weekend’s revelations of a bidding blitz that rocked stocks, including Baidu Inc. and ViacomCBS Inc., raised questions about who sold and if more are to come. The family office of former Tiger Management trader Bill Hwang was behind unprecedented sales of some US stocks on Friday, according to two people directly familiar with the trades.

A boost late in the session saw the S&P 500 Index climb the most in three weeks to end at a new all-time high, with energy producers and healthcare companies among the top performers. The benchmark 10-year Treasury bill yields reached 1.68%.

“Equities remain exposed to additional volatility risk due to rising bond yields,” said Diana Mousina, senior economist at AMP Capital Investors Ltd., in a note. “But looking through the inevitable noise in the near term, the combination of improving global growth aided by more stimulants, vaccines, negative real returns and still low interest rates bodes well for assets in the UK. growth in general in 2021. “