WS #6008

The dominant signal remains the White House Correspondents' Dinner shooting, with a new unconfirmed report suggesting the shooter may have had an accomplice, which could escalate security concerns and market uncertainty. The Iran-US deadlock persists, with no headway in peace efforts and Trump canceling envoy visits, reinforcing geopolitical risk. Oil and food supply chain disruptions from the Iran conflict continue, with WTI up 12.6% last week and fertilizer prices surging, adding to stagflation fears. Intel's post-earnings rally is being questioned by a Seeking Alpha article urging caution, which may temper tech optimism. Russia-Ukraine drone attacks on oil refineries add upward pressure on oil prices. Overall, the window shows escalation in geopolitical risks and persistent inflation concerns, with no new positive catalysts.