AM Markets Need to Know: Apple's new CEO, Musk boosts SpaceX stake, and more (SP500:)

Stock index futures were lower on Monday as retail investors began moving capital back into equities following a period of war-related caution.

Now, here are 5 news stories that broke overnight to watch out for:

Apple names new CEO: Apple (

Apple appointed John Ternus as its new CEO, succeeding Tim Cook; as a longtime executive overseeing hardware, leadership continuity is likely, but investors will watch for shifts in strategy or execution.

Analysts suggest retail investors are returning to equities after war-related caution, which could fuel the next phase of the rally.

By buying $1.4B in shares and potentially gaining more if the market cap grows significantly, Musk signals optimism about SpaceX's future value and IPO prospects.