Trump insists an end to the Iran war is still only 'days' away despite fresh strikes

Speaking to reporters after attending the NBA Finals in New York, Trump said the two parties are in the final stages of a "very, very good deal".
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Why it mattersEnergy markets are pricing in real geopolitical risk; crude price spikes ripple through gasoline costs, inflation, and Fed policy decisions that affect household budgets and investment returns.
Oil rises on Monday amid heightened tensions in the Middle East, raising concerns that the conflict may drag on.

Why it mattersThe U.S. is tightening restrictions on major Chinese tech companies, signaling a harder line on economic ties despite diplomatic engagement—a move that will affect investment restrictions and tech supply-chain decisions.
The Pentagon briefly posted a similar expanded list in February, then withdrew it without explanation before Trump's China trip.

Why it mattersChip sector strength signals investor confidence in technology and semiconductor demand, which typically reflects broader economic expectations and supply-chain stability.
In the U.S., chip stocks powered gains on Monday, helping the S&P 500 gain 0.3%, while the tech-heavy Nasdaq Composite advanced 0.86%.
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