Overnight US stocks | Nasdaq and S&P 500 indexes hit new highs, chip stocks rose across the board.

On Friday, the three major indices rose and fell unevenly, with the Nasdaq reaching a high of 24854.04 points, and the S&P 500 rising to 7168.59 points, both reaching historical highs. The Dow fell by 0.44% for the week. The Nasdaq rose by 1.5% and the S&P 500 rose by 0.55%. In the US stock market, at the close, the Dow fell by 79.61 points, or 0.16%, to 49230.71; the Nasdaq rose by 398.09 points, or 1.63%, to 24836.60; and the S&P 500 rose by 56.68 points, or 0.80%, to 7165.08. Chip stocks rose, with Intel Corporation (INTC.US) rising by 23.6%, leading the Philadelphia Semiconductor Index components, Arm (ARM.US) rising by 14.76%, and AMD (AMD.US) rising by 13.91%. New stock X-Energy (XE.US) closed up by 26.96% on its first day of trading. The Nasdaq China Golden Dragon Index rose by 1.59%. In European stock markets, the German DAX30 index fell by 43.56 points, or 0.18%, to 24137.12; the UK FTSE 100 index fell by 78.49 points, or 0.75%, to 10378.52; the French CAC40 index fell by 69.50 points, or 0.84%, to 8157.82; the Euro Stoxx 50 index fell by 12.98 points, or 0.22%, to 5881.75; the Spanish IBEX35 index fell by 208.13 points, or 1.16%, to 17677.77; and the Italian FTSE MIB index fell by 254.91 points, or 0.53%, to 47652.50. In Asian stock markets, the Nikkei 225 index rose by 0.97%, while the South Korean KOSPI index fell slightly. The US dollar fell, indicating a slight loosening of the tension between the US and Iran, with the possibility of resuming negotiations. Meanwhile, the US Department of Justice announced that it will end its investigation into the Federal Reserve, which may pave the way for Trump-nominated Kevin Warsh to become Fed chairman and push for rate cuts. The Bloomberg US Dollar Index fell by 0.2% on Friday, narrowing its weekly gain to 0.3%. In the cryptocurrency market, Bitcoin rose by 0.08% to $77388.75, while Ethereum rose by 0.12% to $2314.8. In the oil market, NYMEX light crude oil futures for June delivery fell by $1.45 to $94.40 per barrel, a 1.51% decrease; while London Brent crude oil futures for June delivery rose by $0.26 to $105.33 per barrel, a 0.25% increase. In the precious metals market, spot gold rose by 0.31% to $4707.57 per ounce, while spot silver rose by 0.35% to $75.699 per ounce. In macro news, the US Consumer Confidence Index for April fell to a nearly four-year low due to inflation concerns related to the conflict with Iran. According to Iranian media, Foreign Minister Araghchi currently has no schedule for talks with US representatives, but will use Pakistan as an intermediary to convey information to the US about ending the current conflict. Pakistan stated that trilateral talks with the US will be evaluated after their meeting with Araghchi. An official stated that negotiations with the Trump administration would be the focus of the meeting with Iranian Foreign Minister Araghchi in Islamabad. Trilateral talks with the US will be evaluated after our meeting with Araghchi. Baker Hughes Oil Services: The Strait of Hormuz is not expected to fully reopen until the second half of the year. The CFO of oilfield services company Baker Hughes, Ahmad Mogall, stated on Friday that it may take several months for the Strait of Hormuz to fully reopen. He expects the conflict between the US and Iran to continue until the end of June. In individual stock news, Alphabet Inc. Class C (GOOG.US, GOOGL.US) plans to invest up to $400 billion in Anthropic. Alphabet Inc. Class C will invest $100 billion in Anthropic, with the potential for an additional $300 billion, strengthening the relationship between the two companies. Alphabet Inc. Class C has committed to invest $100 billion in cash based on a valuation of $350 billion, with the potential for an additional $300 billion if Anthropic meets performance targets. With the breakthrough success of their AI assistant Claude Code, Anthropic has intensified its fundraising efforts. Goldman Sachs: Raised target price for Amazon.com, Inc. (AMZN.US) from $260 to $275.