GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Struggling to find a a job? You might want to look in Nevada. The Silver State saw its workforce grow by 1.9% between April 2025 and April 2026 — the highest of any U.S. state. Stock futures are higher this morning. The three major indexes are coming off a winning week. Here are five key things investors need to know to start the trading day:
1. Deal progress
U.S. Vice President JD Vance (L) speaks next to Pakistan's Prime Minister Shehbaz Sharif (C) and Qatar's Prime Minister and Minister for Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani at the start of a quadrilateral meeting between the U.S., Iran, Pakistan and Qatar at the Burgenstock luxury hotel complex overlooking Lake Lucerne, Switzerland, on June 21, 2026, as part of high-level talks aimed at advancing a deal to end the Middle East conflict. Fabrice Coffrini | Afp | Getty Images
The U.S. and Iran made "encouraging progress" toward a final deal within 60 days, mediators Qatar and Pakistan said Monday following negotiations in Switzerland. The agreed-upon roadmap includes efforts to end hostilities in Lebanon, and the parties agreed to create a "High Level Committee" to oversee further negotiations. Here's what to know: Progress towards a final deal came even as President Donald Trump threatened to "hit Iran very hard again" if Tehran didn't "stop their highly paid PROXIES in Lebanon from causing trouble."
Speaking from Switzerland this morning, Vice President JD Vance said Iran agreed to permit inspectors from the International Atomic Energy Agency back into the country.
Oil tanker traffic in the Strait of Hormuz ramped up after the U.S. and Iran began reopening the shipping lane last week, but Iran on Saturday said the passageway was closed again in response to Israeli strikes in Lebanon.
Oil prices are lower this morning after mediators said the U.S. and Iran had agreed on a roadmap for reaching a final deal.
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2. Greenspan dies at 100
Alan Greenspan, former Federal Reserve chairman. Adam Jeffery | CNBC
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