GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Spain won the World Cup yesterday in an extra-time nailbiter. But the financial winner might be FIFA, which is set to net more than $9 billion in revenue for 2026. Stock futures are higher this morning as traders look to rebound from a losing week. Here are five key things investors need to know to start the trading day:
1. More strikes
An Iranian woman walks in front of a huge anti-US and Israel billboard featuring US President Donald Trump and Israel's Prime Minister Benjamin Netanyahu in Tehran on July 19, 2026. The United States said airstrikes on July 19 aimed to "punish" Iran over the first US military deaths since renewed hostilities with the Islamic republic. (Photo by ATTA KENARE / AFP via Getty Images) / Atta Kenare | Afp | Getty Images
The U.S. completed its ninth straight night of attacks on Iran yesterday as it fights for control over the Strait of Hormuz. The wave of attacks is raising concern that the war could be entering a new phase, a month after the two countries signed a memorandum of understanding aimed at ending the conflict. Here's what to know: The U.S. death toll from the Iran war rose to 17 over the weekend after the U.S. military said three service members were killed in recent fighting.
Brent $90 per barrel mark, building on its roughly 16% advance last week. The international benchmark gave back some of its gains after Iran's Foreign Ministry spokesman indicated Tehran could pursue negotiations with the U.S.
$90 per barrel mark, building on its roughly 16% advance last week. The international benchmark gave back some of its gains after Iran's Foreign Ministry spokesman indicated Tehran could pursue negotiations with the U.S. Rising fuel prices continue to hit American drivers. The national average price for regular gasoline climbed back above $4 per gallon this morning, according to AAA.
All three major indexes closed last week lower as investors felt pressure from climbing oil prices. Stock futures are higher before the bell as Wall Street looks to a new week.
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2. Common ground
A for sale sign is posted in front of a home for sale on July 9, 2026 in Los Angeles, California. Justin Sullivan | Getty Images
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