# Futures of the major benchmark indices were lower on Monday.

*fintech · news · 2026-04-27 · Benzinga*

## Key points

- Organon & Co. will be acquired by Sun Pharmaceutical Industries in an $11.75 billion all-cash deal.
- Cheetah Net Supply Chain Service announced a 1-for-200 reverse stock split, causing shares to plunge 22.12%.
- FedWatch tool shows a 100% market expectation that the Fed will hold interest rates steady this week.
- Kevin Warsh is highly favored to become the next Federal Reserve chair according to Ed Yardeni.

**Companies:** Sun Pharmaceutical Industries, Cheetah Net Supply Chain Service Inc., Organon & Co., Celestica Inc., Nucor Corp., SAP SE
**Countries:** United States, India, France

[Read the full story on Benzinga](https://www.benzinga.com/markets/equities/26/04/52055312/stock-market-today-dow-jones-sp-500-futures-fall-as-trump-halts-iran-talks-organon-sap-cheetah-net-supply-chain-service-in-focus)

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