Wall Street Today | Tech leads share gains as Musk buys Twitter stock

Financial markets began the week with modest moves across assets as investors assessed the latest central bank commentary and developments in Ukraine.

"We want to maintain strategic flexibility, also for M&A, because we see diversification working for the company ... We want it to grow faster," Amon said.

SEC Chair Gensler says agency is planning greater oversight of crypto markets to protect investors
Securities and Exchange Commission Chair Gary Gensler said on Monday that his agency is aiming to exercise greater regulatory oversight of the $2 trillion cryptocurrency market to protect investors from an onslaught of scams.

In a speech delivered virtually, Gensler said the SEC plans to register and regulate crypto platforms, including working to separate out the custody of assets to minimize risk.

The currently approved Covid-19 vaccines may need an update to ensure a high level of protection as the virus continues to evolve, according to the Food and Drug Administration.

The FDA, in a briefing document published ahead of an advisory committee meeting this week, said scientists still don't entirely understand Covid variants and the effectiveness of the vaccines. For example, mutations to the spike protein, which is used by the virus to invade human cells, have reduced effectiveness of current vaccines.

The automaker on Monday reported first-quarter sales of 432,132 vehicles, including 159,328 units in March. Those figures were in line with analyst expectations.

Bond vigilantes bowed to the might of the Bank of Japan last week but its historic market intervention also sent another cohort scrambling to cut their losses -- retail traders with record bullish bets on the yen.

Japan's individual investors cut aggregate net-long positions on their home currency by 56.1 billion yen ($457 million) from near a record high during four days of BOJ intervention last week, according to a Bloomberg analysis of Tokyo Financial Exchange Inc. data. The central bank sent the yen spiraling to a near seven-year low after announcing an unlimited bond-buying spree, reinforcing its policy divergence with other major central banks that are raising rates.

The New York-based bank is awaiting feedback from legal advisers regarding underwriter liability among other topics, said the people, who requested anonymity because the bank’s decision isn’t public. The firm has no plans to exit the business, some of the people said.

Bond investors will be scrutinizing Tuesday's Reserve Bank of Australia meeting for any signs policy makers will start their tightening cycle next month rather than wait until June.

The odds of a hike in May have oscillated wildly in recent weeks, with futures now indicating the outcome is a coin toss, down from a more-than 70% probability just a week ago. They have been as low as 27% this year and as high as 140% -- the latter signifying the chance of more than just one increase.