Bob Iaccino analyzes the latest market movements as stock futures reach all-time highs amid falling Treasury yields. He discusses the geopolitical impact of Project Freedom in the Strait of Hormuz and its effect on crude oil prices. Iaccino also breaks down the April ADP private payrolls report, which showed the strongest job gains since January 2025 despite missing consensus. Finally, he previews a massive wave of upcoming corporate earnings and key economic data releases from the U.S., UK, and Japan.