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

“Live in the active voice, rather than passive. Think more about what you happen than what is happening to you” — William DeWitt Hyde

Overnight

Slovak prime minister Robert Fico in life-threatening condition after assassination attempt; expected to survive (RT)

Ex-Jane Street traders cite pay upset in secrets countersuit (BBG)

Citigroup executive responsible for implementing thousands of job cuts quits (FT)

Google turns to AI to protect users from mobile phone thefts (FT)

After gaffe, the Governor of Shizuoka prefecture in Japan says he is leaving politics to “become a hermit,” and “talk to little birds in the forest” (Semafor)

Credit assets outperform for large PE firms (WSJ

New visa rules force HSBC and Deloitte to withdraw UK job offers (FT

PE deal machine restarts but exits still sputter (WSJ

Global corporate defaults doubled in April (RT

Goldman poaches two bankers from Evercore and Lazard (RT

Accountant shortage prompts U.S. plan for quicker path to qualification (FT

Saudi Arabia's PIF slashed holdings of US equities (BBG

CalPERS will allocate $25B to green private market in...

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