Riyadh's airport stays closed after Houthi attacks, the Kremlin rejects Zelenskyy's 60-day ceasefire offer, China holds live-fire drills, the Dow gains as tech slips, and Zizou Bergs stuns Carlos Alcaraz.
King Khalid International Airport in Riyadh will remain closed until 2100 GMT on Oct. 17, according to a new notice to airmen, after a series of deadly Houthi attacks; Saudi aviation authorities said the suspension is to verify the facilities' safety. Saturday's strike killed at least 12 people and injured more than 300. The U.S. Embassy urged Americans to use extreme caution at all major Saudi airports, and the FAA warned U.S. airlines about Saudi airspace. President Trump has said the U.S. may join Saudi Arabia against the Houthis.
Ukrainian President Volodymyr Zelenskyy said on ABC's This Week that Ukraine would organize elections if given a 60-day total ceasefire. On Monday, Kremlin spokesman Dmitry Peskov said Russia does not want a ceasefire and wants long-term peace instead.
Russia saysPeskov: "We want long-term peace and are prepared to do everything possible to achieve it," and Russia does not want a ceasefire. On an energy ceasefire, he said "contacts are continuing."
Ukraine saysZelenskyy says voting is hard during war and needs a total 60-day ceasefire; Foreign Minister Andrii Sybiha says Zelenskyy has the support of Ukrainians, and they have the right to decide.
China's maritime authorities announced a series of live-fire drills in waters off China's coast, days after Taiwan President Lai Ching-te's National Day speech. Reuters reports none of the areas are around Taiwan itself. Taiwan's defense minister said the military is monitoring closely.
Taiwan saysDefense Minister Wellington Koo says the military is closely monitoring the drills; President Lai says Taiwan's defense buildup is meant to deter war, not start one.
China saysForeign Ministry spokesperson Mao Ning says the waters belong to China and its activities there are "beyond reproach"; China's defense ministry accused Lai of trying to "seek independence through force."
The Dow rose 195.60 points (0.38%) to 51,850.55 on Monday, while the S&P 500 slipped 0.06% and the Nasdaq fell 0.44% as semiconductor, memory and AI-infrastructure stocks declined. Big bank earnings begin Tuesday, and inflation data is due later in the week.
Zizou Bergs, ranked No. 39, beat Carlos Alcaraz 7-5, 7-6(4) at the Shanghai Masters, breaking his serve three times. The ATP calls it the biggest win of Bergs' career by ranking.
