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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 crude broke past the $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.
- Follow live market updates here.
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
Nearly half of U.S. voters said they believe it is not appropriate for the federal government to take ownership stakes in U.S.-based companies, according to CNBC’s All-America Economic Survey. Just 19% approved of government equity stakes, while 32% were undecided.
As CNBC’s Matt Peterson writes, the poll’s findings come after President Donald Trump’s administration inked deals with several well-known firms, including Intel. In total, the White House has negotiated 30 ownership agreements worth almost $27 billion, according to the Council on Foreign Relations.
CNBC’s survey also found that housing is the top political issue for young voters heading into the midterm election. Both Democrat and Republican lawmakers have celebrated the passage of a recent bipartisan housing bill, but respondents to the survey indicated they trust Democrats more on the issue.
3. Mind the gap
An American Airlines Airbus A321 airplane taxis at San Diego International Airport on May 27, 2026 in San Diego, California.
Kevin Carter | Getty Images News | Getty Images
American Airlines has a margin gap compared to rivals United and Delta. Its CEO Robert Isom wants to get rid of it.
Isom told CNBC’s Leslie Josephs that the the airline’s “long-range plan is certainly making up the margin gap” and that it wants “to be best at everything that we do.” Last month, the carrier’s top executives described new initiatives such as making making bigger and higher-end airport lounges and refreshing interiors for long-haul planes.
Isom, who didn’t offer a timeline for the plan, said American should be seen as “a premium global airline with the largest footprint in North America.”
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4. WarshGPT
New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026.
Eric Lee | Reuters
Investment firms have been racing to adapt as Federal Reserve Chairman Kevin Warsh reshapes the central bank’s communication strategy. Some are turning to artificial intelligence for an edge.
F/m Investments recently released WarshGPT, an AI-powered tool that scans nearly 1,800 documents to give users a sense of how the central bank’s leader is thinking about the economy and monetary policy. UBS, meanwhile, has its own interactive dashboard that tracks the Fed’s policy tone. The bank last month told clients that Warsh’s policy-relevant comments were “overwhelmingly hawkish” following his first policy meeting as chairman.
Without as much forward guidance from the Fed, traders are anticipating the market to make bigger swings following policy decisions or Fed leader commentary.
5. Tell me true
Matt Damon stars as Odysseus in Christopher Nolan’s “The Odyssey.”
Universal
“The Odyssey” is getting its own hero treatment.
The Universal film adaptation from renowned director Christopher Nolan raked in around $124.5 million domestically in its opening weekend. The film also brought in nearly $140 million internationally, raising the total haul to above $264 million. As CNBC’s Sarah Whitten notes, that marks Nolan’s third-biggest domestic debut weekend and his highest global debut.
More than 40 IMAX locations had showings between midnight and 3 a.m. this weekend due to high demand. IMAX is also adding a fifth week of screenings in its theaters — and some of those showings are already sold out.
The Daily Dividend
Here’s what we’re watching this week:
— CNBC’s Anniek Bao, Azhar Sukri, Terri Cullen, Michael Wayland, Garrett Downs, Lee Ying Shan, Sean Conlon, Matt Peterson, Justin Papp, Leslie Josephs and Sarah Whitten contributed to this report.
Luke Fountain assisted in the production of this newsletter. Josephine Rozzelle edited this edition.






