This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. The World Cup kicks off this week, which is exciting for both soccer fans and the global economy. Stock futures are higher this morning following Friday's dramatic sell-off. Here are five key things investors need to know to start the trading day:
1. 100 days
Smoke billows from southern Lebanon following an Israeli strike, as seen from Nabatieh, Lebanon, on June 6, 2026. Stringer | Reuters
President Donald Trump told Iran and Israel to "immediately stop 'shooting'" in a Truth Social post this morning, after the two countries traded strikes for the first time since the precarious ceasefire began in April. Here's what to know: Following Iranian strikes on Israel Sunday, the Israeli Defense Forces said it carried out a "large-scale strike on strategic defense systems" in Iran.
The renewed tensions could put the ceasefire in jeopardy. Iran's parliamentary speaker wrote in a post on X that the U.S. "naval blockade and violation of agreements regarding Lebanon" constituted breaches to the ceasefire agreement.
Trump wrote in another Truth Social post this morning that Israel and Iran are "looking to do an immediate CEASEFIRE! Final negotiations on 'Peace' are proceeding, subject to ignorance or stupidity getting in its way."
Iran's Ministry of Foreign Affairs told CNBC this morning that it has ceased its strikes against Israel but warned that it would resume hostilities if Israel continues operations in Lebanon.
Sunday marked the 100th day since the conflict began in February. Here's a look at how the war has affected global markets.
2. Freaky Friday
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 4, 2026. Brendan McDermid | Reuters
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