8AM ET 05/06/2026 Newscast

Stock futures are surging, oil prices are plunging. I'm Dave Anthony, Fox News, reacting to a potential end to the Iran conflict, bringing oil down 10%. President Trump just posted on Truth Social minutes ago, if Iran doesn't agree to a deal being considered, the bombing restarts with much higher intensity than before. And here's what's on the table. One page, 14 points. That is what is being hashed out between the U.S. and Iran, according to a report just out in Axios. Fox's Peter Doocy at the White House. Something could come together in the next 48 hours, according to this report. It also says this is the closest the two sides have been to resolving their differences since the shooting started in February. And it follows President Trump yesterday deciding to stop a military campaign in the Strait of Hormuz. That was Project Freedom that had just started Monday, a plan for the U.S. military to escort hundreds of oil tankers and ships that have been stranded in the strait, and Iran fired at some American ships and commercial vessels. There's another Trump Truth Social post just out this morning touting the White House ballroom the president's building as magnificent and coming in ahead of schedule and under budget, he wrote. Reacting to reports of cost overruns, Republicans in the Senate are proposing spending a billion dollars for ballroom security. Victories for President Trump in Indiana's primaries, though he wasn't on the ballot there. The president's supporters say this should put GOP members who don't support the president's redistricting plan on notice. So for context, last year, several Republicans in Indiana State Senate joined Democrats to reject a new congressional map. It would have created two more right-leaning House seats. The president, upset by the results, then backed candidates looking to unseat seven state senators who defied him. This morning so far only one incumbent has survived. Another race has yet to be called. Vick Ramaswamy won the GOP primary for governing. He'll face Democrat Amy Acton. America's listening to Fox News. One of the people shot in the mass shooting Sunday night near Oklahoma City has died. She was an 18-year-old who'd been in critical condition. 22 others were injured that night, and police are still looking for the two massed gunmen who had attacked a party at Arcadia Lake in Edmond. In Pennsylvania, three people are charged in a shooting at a party last year. Police say the three, aged 20, 19, and 17, are charged with second-degree murder, robbery, and conspiracy in the death of Juwan Jeffers last October during homecoming festivities at Lincoln University. The school is about 25 miles east of Wilmington, Delaware. Six other people were hurt in the incident, which Chester County District Attorney Chris DeMarena-Serobe says was motivated by robbery. There's a bevy of text messages, photos and videos that we were able to use to piece together this simple truth, right, that this group came to crash the party. One of the accused was 16 at the time of the shooting and is charged as an adult. Tonya J. Powers, Fox News. We mentioned stock futures are surging as oil prices drop on the possibility of an end to the Iran conflict. For the Dow, the futures are more than 500 points, more than 400 for the Nasdaq. the day after a big surge lifted the NASDAQ and the S&P 500 to record highs. In the NBA playoffs, the defending champions keep winning. After a first-round sweep, the Oklahoma City Thunder took the opening game around two, beating the LA Lakers 108-90. The top seed in the East, Detroit, also won. At home, you've got to protect home court. We didn't do that last series, so we know it's important in this series. They're a tough team. They want to come in and steal one. So we're having a business tonight. We've got to do it again. That's Cade Cunningham on NBC Peacock after the Pistons beat the Cleveland Cavaliers 111-101. In the NHL playoffs, Colorado 5, Minnesota 2. That gives the Avalanche a 2-0 series lead over the Wild. I'm Dave Anthony and this is Fox News.