AM Markets Need to Know: Berkshire under Abel, Canada-U.S. trade, and more

U.S. stock index futures declined as optimism over a potential U.S.-Iran peace deal faded, creating near-term downside risk for equities. The briefing highlights cross-market shocks: a major DeFi bridge exploit that drained nearly $300 million hitting crypto sentiment, and potential U.S. trade-policy shifts that could weigh on Canadian markets and trade-exposed sectors. Leadership changes at Berkshire under Greg Abel suggest strategic shifts that could affect large-cap stock allocations. Market data show the S&P 500 around 7,126.07 (up 1.20% in the snapshot) with a recent open of 7,074.55 and a 52-week high near 7,147.52, but futures weakness points to intraday volatility. Overall, the piece is a broad market commentary flagging geopolitical, regulatory/trade, and crypto-security risks that could drive sector rotation and increased volatility in the near term.