First Squawk

MSCI ON MAY 2026 INDEX REVIEW: ALL UPDATES WILL TAKE EFFECT AS OF THE CLOSE OF MAY 29, 2026. WILL CONTINUE TO WITHHOLD CHANGES UNDER THE INDEX REVIEW FOR SECURITIES LISTED IN BANGLADESH FOR MSCI BANGLADESH INDEXES

MSCI: 246 INCLUSIONS AND 195 REMOVALS FROM THE MSCI ACWI SMALL CAP INDEX. MSCI FRONTIER MARKETS INDEXES: 5 INCLUSIONS AND 8 REMOVALS FROM THE MSCI FRONTIER MARKETS INDEX, ALONGSIDE 25 INCLUSIONS AND 19 REMOVALS FROM THE MSCI FRONTIER MARKETS SMALL CAP INDEX

MSCI GLOBAL STANDARD INDEXES: 49 SECURITIES WILL BE INCLUDED IN AND 101 SECURITIES WILL BE REMOVED FROM THE MSCI ACWI INDEX. MSCI GLOBAL INVESTABLE MARKET INDEXES: 208 INCLUSIONS AND 209 REMOVALS FROM THE MSCI ACWI INVESTABLE MARKET INDEX. MSCI GLOBAL ALL CAP INDEXES: 144 INCLUSIONS AND 81 REMOVALS FROM THE MSCI WORLD ALL CAP INDEX

S&P: NEGATIVE OUTLOOK REFLECTS THE THREAT OF SUSTAINED POOR FISCAL OUTCOMES LEADING TO A SWIFTER-THAN-FORECAST CLIMB IN MEXICO'S SOVEREIGN DEBT LEVELS; FORESEES MEXICO'S BUDGETARY LIMITS PRODUCING A VERY SLOW FISCAL CONSOLIDATION

S&P: MEXICO OUTLOOK DOWNGRADED TO NEGATIVE DUE TO ERODING FISCAL FLEXIBILITY; 'BBB' FOREIGN CURRENCY RATING MAINTAINED. ANTICIPATES TRADE TIES BETWEEN MEXICO AND THE U.S. WILL STAY ROBUST, THOUGH DOUBT OVER THE FREE TRADE AGREEMENT RENEGOTIATION DAMPENS INVESTMENT CONFIDENCE

ANTHROPIC IN TALKS TO RAISE $30 BILLION IN FUNDING AT A $900 BILLION VALUATION

NORTH KOREA LEADER KIM JONG UN VISITS WEAPONS PLANTS: CALLS FOR MODERNISATION AND EFFICIENCY GAINS IN THE ARMS INDUSTRY – KCNA

US API CRUDE OIL INVENTORY CHANGE COMES IN AT -2.188M (FORECAST -, PRIOR -8.14M)

TRUMP ON TRUTH SOCIAL: FAKE NEWS CLAIMING IRAN IS DOING WELL MILITARILY AGAINST US IS VIRTUAL TREASON — A FALSE AND ABSURD CLAIM THAT AIDS THE ENEMY. IRAN'S 159 NAVY SHIPS ARE ALL AT THE BOTTOM OF THE SEA, THEIR AIR FORCE AND TECHNOLOGY ARE WIPED OUT, THEIR LEADERS ARE GONE, AND THE COUNTRY IS AN ECONOMIC DISASTER. ONLY LOSERS AND FOOLS CAN ARGUE AGAINST AMERICA!

UAE PRESIDENT AND TRUMP DISCUSSED STRATEGIC PARTNERSHIP AND ASSESSED MIDDLE EAST DEVELOPMENTS IN A PHONE CALL – EMIRATI NEWS AGENCY

EARTHQUAKE MEASURING 4.6 MAGNITUDE HITS TEHRAN – IRANIAN MEDIA

TRUMP ON TRUTH SOCIAL: FAKE NEWS CLAIMING IRAN IS DOING WELL MILITARILY AGAINST US IS VIRTUAL TREASON — A FALSE AND ABSURD CLAIM THAT AIDS THE ENEMY. IRAN'S 159 NAVY SHIPS ARE ALL AT THE BOTTOM OF THE SEA, THEIR AIR FORCE AND TECHNOLOGY ARE WIPED OUT, THEIR LEADERS ARE GONE, AND THE COUNTRY IS AN ECONOMIC DISASTER. ONLY LOSERS AND FOOLS CAN ARGUE AGAINST AMERICA!

MUSK: SPACEX IS EVALUATING MULTIPLE SITES BOTH IN THE U.S. AND ABROAD TO CONSTRUCT THE WORLD'S MOST ADVANCED SPACEPORTS

WH SR. ADVISER HASSETT ON GASOLINE TAX: TRUMP'S STANCE IS THAT WE SHOULD UPDATE IT

WH SR. ADVISER HASSETT ON SPR: WE ARE DRAWING DOWN AS QUICKLY AS POSSIBLE

WH SR. ADVISER HASSETT: TRUMP IS CERTAIN THE HORMUZ STRAIT WILL REOPEN SHORTLY AND THIS IS A SHORT-LIVED ENERGY DISRUPTION – FOX BUSINESS

THE S&P 500 PULLED BACK FROM RECORD HIGHS WHILE THE PHILADELPHIA SEMICONDUCTOR INDEX DROPPED 3%, AS RISING OIL PRICES PUSHED TREASURY YIELDS HIGHER AND REDUCED EXPECTATIONS FOR FEDERAL RESERVE RATE CUTS. INVESTORS ARE INCREASINGLY WORRIED THAT ELEVATED CRUDE PRICES LINKED TO DISRUPTIONS IN THE STRAIT OF HORMUZ COULD WEAKEN CONSUMER SPENDING AND PRESSURE THE AI-DRIVEN TECH RALLY.

A SHARP SELLOFF IN SEMICONDUCTOR SHARES DRAGGED U.S. STOCKS LOWER AFTER STRONGER-THAN-EXPECTED INFLATION DATA REINFORCED FEARS THAT THE IRAN WAR AND SOARING ENERGY PRICES ARE FEEDING BROADER PRICE PRESSURES ACROSS THE ECONOMY.

PENTAGON CONSIDERING RENAMING IRAN OPERATION TO "OPERATION HEAVY HAMMER" IF TRUCE BREAKS DOWN - NBC NEWS

HEZBOLLAH CLAIMS IT STRUCK AN ISRAELI ENGINEERING VEHICLE WITH A DRONE IN THE TOWN OF YARF HARFA, SOUTHERN LEBANON - AJA BREAKING