WS #5977
The dominant signal remains the White House Correspondents' Dinner shooting, with Trump confirming it won't deter him from the Iran war. This reinforces geopolitical risk, particularly for energy and defense sectors. The Israel-Lebanon evacuation orders and Russia-North Korea defense minister meeting add to geopolitical tensions. No market-moving economic data or corporate news. The FAA ground stop at Orlando is a minor operational issue. Overall, the narrative is stable: elevated geopolitical risk with no de-escalation.
Key developments
- Trump says WHCD shooting won't deter him from Iran war
- Israeli military issues evacuation orders for towns in southern Lebanon
- Russia's defense minister visits North Korea to meet top leaders