GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Several pharmaceutical stocks are climbing this morning amid the recent hantavirus outbreak. Officials say the public health risk from the virus is low. Stock futures are little changed this morning following a winning week for all three major indexes. Here are five key things investors need to know to start the trading day:
1. No deal
US President Donald Trump exits the Oval Office and arrives to speak during a Mother's Day luncheon in the Rose Garden of the White House in Washington, DC, on May 8, 2026. Jim Watson | AFP | Getty Images
President Donald Trump rejected Iran's counteroffer to the U.S. peace proposal yesterday, calling Tehran's response "TOTALLY UNACCEPTABLE" in a Truth Social post. Here's what to know: Iran's proposal reportedly focused on the need to end the conflict and lift sanctions on Tehran.
Israeli Prime Minister Benjamin Netanyahu told CBS in a taped interview aired last night that the war was "not over," saying there's "still nuclear material, enriched uranium that has to be taken out of Iran."
Oil futures rose overnight following Trump's rejection of Iran's proposal, as investors worry that prolonged conflict will further strain crude supply.
Industry executives have already been warning stakeholders that the war has significantly changed the world's energy market.
Stock futures are near the flatline this morning despite rising oil prices. Follow live market updates here.
2. Search engine
Signage outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images
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