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Stock futures are wavering in volatile trading as markets around the world make a rough start to the week amid tensions on the Russia-Ukraine border. Here’s what we’re watching Monday:

  • Splunk SPLK -2.76% jumped 8.2% ahead of the bell. Cisco CSCO -1.77% Systems has made a takeover offer worth more than $20 billion for the software maker, according to people familiar with the matter, in what would be the networking giant’s biggest acquisition ever.
  • Several electric-vehicle makers were falling amid the broader market malaise. Tesla TSLA -4.93% was down 2.3% premarket, U.S.-traded shares of China’s NIO NIO -4.93% fell 3.8% and Lucid LCID -7.42% slipped 2.5%.
  • Blackstone BX -8.15% fell 2.6% premarket. Crown Resorts, CWN 2.02% one of Australia’s biggest casino operators, said Monday that it agreed to a $6.3 billion takeover by Blackstone, following a roughly yearlong effort by the U.S. private-equity giant to acquire the company.

Blackstone headquarters in New York, Jan. 25, 2022.

Photo: Angus Mordant/Bloomberg News

Chart of the Day

Write to James Willhite at [email protected]

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source: WSJ

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