A daily market update from FS Insight — what you need to know ahead of opening bell

“If every day were Earth Day we wouldn’t be in the mess we’re in.”Neil deGrasse Tyson

Overnight

Fed officials still see three rate cuts this year (WSJ)

Fed will soon slow pace of QT, per Powell (BBG)

Ireland’s PM Leo Varadkar unexpectedly resigned (CNBC)

Israel has eliminated Marwan Issa, a top Hamas commander in Gaza (WSJ)

Julian Assange, Justice Department exploring guilty plea to end 14-year legal drama (WSJ)

Vietnam’s president resigns after less than a year in office on heels of prominent anti-corruption campaign (Semafor)

Intel gets $8.5 billion award for U.S. chip-plant construction (WSJ)

Amundi launches ‘lowest cost’ all-country equities ETF (Citywire)

SEC accuses two firms of lying about how they used AI in managing investments (WM)

Apollo offers $11 billion for the Hollywood studio of Paramount, whose directors weigh merger with Skydance (WSJ)

Apple faces legal protest from Meta, Microsoft, X and Match (WSJ)

Wall Street is investing in law firms in Arizona, where it’s legal for non-attorneys to do so (WSJ)

The Pentagon’s R&D arm is ready to share its tools for countering deepfakes  (Semafor)

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