Covid cases are rising in more than half of U.S. states, despite ramp up in vaccinations (SPY 0.1%). March 2021 CPI: Year-over-Year Inflation Rate Rises To 2.6%. Here is the current market situation from CNN Money North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively. What Is Moving the Markets Here are the headlines moving the markets. Chinas Oil Imports Surge Ahead Of Refinery Maintenance Season China imported 11.69 million barrels of crude oil daily last month, up by 21 percent on the year, Reuters has reported, citing official customs data. Earlier this month, energy analytics services provider OilX calculated Chinas March oil imports at 11.26 million bpd, noting, however, that these calculations did not include Iranian oil, which China has been buying in ever greater amounts. Despite being 21 percent higher on the year, the March average was lower than the average for February, which came in at 11.73 million barrels daily, Reuters