IBM CEO: Expect HR hiring to slow and be replaced by AI.

Pershing Square posted a net gain of 0.6 percent in April.

Market news: The jury in the patent dispute case between Apple and pulse oximeter company Masimo told the judge that they could not reach a decision.

Syrian state media reported that Syrian air defenses repelled an Israeli attack over Aleppo.

According to a joint statement: U.S. President Joe Biden will send a presidential trade and investment delegation to the Philippines.

FTSE Russell: Removes First Republic Bank from relevant index.

MSCI: First Republic Bank to be removed from global standard indices, effective May 3.

The New York Times: The White House is considering two key Fed nominations.

White House Press Secretary Pierre: This is not 2008 (the financial crisis period), this is a very different era.

White House Press Secretary Pierre: The White House will continue to monitor the situation in the banking industry.

White House Press Secretary Pierre: President Biden wants to do more with the banking system.

White House Press Secretary Pierre: Our actions will hold banks accountable.

White House Press Secretary Pierre: First Republic Bank has "serious mismanagement" problems.

According to DownDetector: User reports indicate a problem with Twitter.

U.S. Democratic Senator Manchin: The U.S. will not default on its national debt.

The U.S. 5-year Treasury yield rose 15 basis points on the day to 3.635%.

U.S. President Joe Biden said he would send a presidential trade delegation to the Philippines.

Federal Reserve Governor Bowman: The private equity market has begun to eliminate the IPO boom.