SQUAWK BOX, MONDAY 29TH MARCH, 2021

Almost a week after running aground, the giant container ship the Ever Given is at least partially refloated, but the backlog of vessels in the Suez Canal remains. Oil prices fall as a result with traders pricing in the re-opening of supply routes. In the U.S., futures dip after seeing a record high during Friday’s session, which was dominated by a fire sale from Archegos Capital. Meanwhile, fears the U.S. could delist Chinese tech companies weigh on Bilibili shares after the Chinese video streaming company’s Hong Kong debut. And in Europe, French doctors warn that hospitals could be overwhelmed by the third Covid wave hitting the continent. German Chancellor Angela Merkel urges local states to tighten their lockdown restrictions.