We present the XMM-Newton first light image, taken in January 2000 with the
EPIC pn camera during the instrument's commissioning phase, when XMM-Newto
n was pointing towards the Large Magellanic Cloud (LMC). The field is rich
in different kinds of X-ray sources: point sources, supernova remnants (SNR
s) and diffuse X-ray emission from LMC interstellar gas. The observations a
re of unprecedented sensitivity, reaching a few 10(32) erg/s for point sour
ces in the LMC. We describe how these data sets were analysed and discuss s
ome of the spectroscopic results. For the SNR N157B the power law spectrum
is clearly steeper than previously determined from ROSAT and ASCA data. The
existence of a significant thermal component is evident and suggests that
N157B is not a Crab-like but a composite SNR. Most puzzling is the spectrum
of the LMC hot interstellar medium, which indicates a significant overabun
dance of Ne and Mg of a few times solar.