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Top headlines: Suez chaos eases; US futures fall over block trade fears

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Photo: Julianne Cona (Instagram)
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Satellite data from MarineTraffic.com showed that the ship’s bulbous bow, once firmly lodged in the canal's eastern bank, had been wrested from the shore | Photo: Julianne Cona (Instagram)

BS Web Team New Delhi
Ship 'partially refloated,' but still stuck in Suez Canal

A huge container ship blocking Egypt's Suez Canal for nearly a week has been partially refloated, raising hopes that the busy waterway will soon be reopened for a big backlog of ships. The 400-metre (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday, halting traffic on the shortest shipping route between Europe and Asia. Read more

US futures fall as block trades rattle nerves

S&P 500 Index futures edged lower as traders weighed the impact of forced block