Overnight US stocks | S&P 500 index, Nasdaq hit new highs again, NVIDIA Corporation (NVDA.US) closes up 4% at a record high.

On Monday, the three major indexes saw mixed movements. The S&P 500 index and the Nasdaq both hit new highs, and the Federal Reserve will hold a monetary policy meeting this week. Several tech giants will also release their earnings reports this week. [US stocks] At the close, the Dow fell 62.92 points, or 0.13%, to 49167.79 points; the Nasdaq rose 50.50 points, a 0.20% increase, to 24887.10 points; the S&P 500 index rose 8.83 points, a 0.12% increase, to 7173.91 points. NVIDIA Corporation (NVDA.US) rose 4% to a historical high, with a closing market value of $5.2 trillion. SanDisk (SNDK.US) rose 8%, while Arm (ARM.US) fell 8%. The Nasdaq China Golden Dragon Index fell 1.1%, and Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell 2.4%. [European stocks] The German DAX30 index fell 55.24 points, a 0.23% decrease, to 24085.63 points; the UK's FTSE 100 index fell 57.48 points, a 0.55% decrease, to 10321.60 points; the French CAC40 index fell 15.90 points, a 0.19% decrease, to 8141.92 points; the Euro Stoxx 50 index fell 20.35 points, a 0.35% decrease, to 5860.40 points; the Spanish IBEX35 index fell 4.82 points, a 0.03% decrease, to 17687.18 points; the Italian FTSE MIB index fell 1.61 points, a 0.00% decrease, to 47654.50 points. [Asian stock markets] The Nikkei 225 index rose by over 1.3%, and the South Korean KOSPI index rose by over 2%. [US Dollar Index] The US Dollar Index, which measures the dollar against six major currencies, fell by 0.03% to close at 98.231 in the forex market. At the close of the New York market, 1 euro exchanged for 1.1721 US dollars, up from the previous trading day's 1.1713 US dollars; 1 pound exchanged for 1.3534 US dollars, up from the previous trading day's 1.3521 US dollars. 1 US dollar exchanged for 159.44 Japanese yen, down from the previous trading day's 159.45 Japanese yen; 1 US dollar exchanged for 0.7857 Swiss francs, up from the previous trading day's 0.7855 Swiss francs; 1 US dollar exchanged for 1.3629 Canadian dollars, down from the previous trading day's 1.3673 Canadian dollars; 1 US dollar exchanges for 9.2252 Swedish krona, down from the previous trading day's 9.2304 Swedish krona. [Cryptocurrency] Bitcoin fell by over 1.8% to $76858.62, and Ethereum fell by over 3% to $2288.95. [Crude oil] Light crude oil futures for June delivery on the New York Mercantile Exchange rose by $1.97 to close at $96.37 per barrel, up 2.09%; Brent crude oil futures for June delivery rose by $2.90 to close at $108.23 per barrel, up 2.75%. [Precious metals] Spot gold fell below $4700, closing at $4680.04 per ounce; spot silver closed at $75.563 per ounce. [Macro News] CBO: Adjusting US tariffs may increase the deficit by $1.1 trillion over ten years. The Congressional Budget Office (CBO) stated that recent adjustments in US tariff policies may increase the federal budget deficit by $1.1 trillion over the next ten years, but the specific number is still uncertain. CBO Director Swagel stated that the Supreme Court ruling that invalidated Trump's use of emergency economic powers to impose tariffs would lead to a $2 trillion increase in the deficit over ten years; and that Trump's other trade measures to offset this loss have totaled $800 to $900 billion in additional revenue. Swagel said, "Due to the Supreme Court overturning some tariffs and the government reinstating some, the deficit will be about $1.1 trillion higher over the next decade. The government has significant power to impose new tariffs and adjust them, so it is difficult to determine the exact deficit amount until the entire process is concluded." UN Secretary General urges opening of the Strait of Hormuz. UN Secretary-General Guterres spoke at the UN Security Council's public debate on "Maritime Security and Protection in the Field of Maritime Transportation" on the 27th, urging relevant parties to open the Strait of Hormuz. Guterres said that the right of ships to navigate through the Strait of Hormuz must be respected, and the principles established by the UN Security Council on this matter must be "comprehensively and immediately" upheld. He urged relevant parties to open the Strait of Hormuz, allowing ships to pass through without fees or discrimination, to restore trade and give global economy a chance to recover. Guterres said that the current situation requires restraint, dialogues, and trust-building on all sides. Conflict should be resolved peacefully, and he is willing to mediate. He urged all parties to abide by international law, address the root causes of maritime security issues, and deepen dialogues and cooperation. White House: Trump's bottom line on Iran issue remains unchanged. White House Press Secretary Levitt revealed to reporters that US President Trump discussed a new proposal from the Iranian side aimed at resolving the war issue with his senior national security advisors that day. According to the proposal, the Strait of Hormuz will remain open, and the issue of Iran's nuclear program will be discussed later. When asked about the proposal at a press conference, Levitt did not express a specific opinion. However, she stated that Trump's bottom line requirements remain the same. Trump demands that the Strait of Hormuz, a crucial oil transportation route, must remain open, and that Iran must surrender its enriched uranium. Levitt said, "I won't say they are 'considering' this proposal. I can only say that a discussion did take place this morning, and I don't want to speak out before the President officially addresses it; I am sure you will directly hear the President's own views on this topic later." [Individual Stock News] EU demands Alphabet Inc. Class C to open Android system to AI competitors. The EU has instructed Alphabet Inc. Class C parent company Alphabet (GOOG.US, GOOGL.US) to open the Android operating system to allow AI services to compete with Alphabet Inc. Class C services. This is the latest move by the EU to address market monopolies by this search giant. The European Commission stated on Monday that Alphabet Inc. Class C should ensure that competitive AI services can "effectively interact" with applications on Android devices. The Commission stated that these services should be able to perform various tasks, such as sending emails using the user's preferred email app, ordering food through a delivery app, or sharing photos with the user's friends. Trump cancels more wind energy lease projects to stimulate oil and gas investments. The US Department of the Interior announced on Monday that offshore wind developers Bluepoint Wind and Golden State Wind will surrender federal lease agreements and receive compensation. In exchange, these two companies plan to invest hundreds of millions of dollars in fossil fuel projects. These agreements mark the latest move by the Trump administration to curb the emerging US offshore wind energy industry (which has been opposed by Trump) while promoting investments in fossil energy projects. These agreements are similar to one announced by the government last month, in which the Trump administration released $1 billion worth of offshore wind leases held by Equinor Energy (TTE.US) and its partners to redirect investments to American oil and gas projects. Apple Inc. store union members accuse the company of retaliating against soon-to-be-closed stores. A union representing Apple Inc. (AAPL.US) store employees in Towson, Maryland, which is set to close, filed a complaint with the National Labor Relations Board, accusing the company of illegally discriminating against these store employees and refusing to easily transfer them to other locations. This store made history in 2022 as the first retail store belonging to Apple Inc. in the US to unionize. Now, it is one of three stores that Apple Inc. is closing. The reason given by Apple Inc. for the closure is due to "the departures of several retailers and the deterioration of shopping center operations", especially the shopping center where this store is located in Towson. But union representatives claim that Apple Inc.'s treatment of Towson store employees is worse than in previous similar situations, making it harder for employees to remain working for Apple Inc.