GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. If you're looking for someone to blame for the rising cost of your Netflix subscription, you might take a look at Wall Street. CNBC's Sarah Whitten and Lillian Rizzo explain how investors' focus on profitability is prompting streamers to hike their prices. Stock futures are higher this morning following a positive day for all three major indexes. Here are five key things investors need to know to start the trading day:
1. Bouncing back
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, April 11, 2026. Bonnie Cash | Bloomberg | Getty Images
Stocks rose yesterday, boosted by investors' optimism that the U.S. and Iran would reach a peace deal. The gains came even as U.S. forces began blockading Iranian ports in the Persian Gulf. The S&P 500 added 1.02% in Monday's session, erasing its losses since the Iran war began. Here's what to know: President Donald Trump indicated yesterday that representatives from Iran have reached out to the U.S. He said, "[W]e've been called by the other side. They'd like to make a deal very badly."
Following unsuccessful peace talks in Pakistan over the weekend, Vice President J.D. Vance told Fox News yesterday that "the ball is in the Iranian court."
Oil prices are lower after closing just shy of $100 per barrel on Monday. The International Energy Agency warned this morning that the Iran war could cause global oil demand to fall to its lowest level since the Covid-19 pandemic.
BlackRock raised its outlook for U.S. stocks yesterday, citing "tangible evidence" that traffic through the Strait of Hormuz would resume and signs that the war's economic fallout would be "contained."
Meanwhile, market watchers will get another read on inflation at 8:30 a.m. ET with the release of the producer price index for March.
Follow live market updates here.
2. Bank check
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