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⚡️ Trump says China’s Xi offered to help on Iran.


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S&P 500 reaches new all-time high of 7,500.


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🇺🇸 US Senate unanimously passes resolution to suspend senators' pay during government shutdowns.


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🇯🇵: Japan’s 30-year yield surges above 3.9% for the first time in history.


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US Strategic Petroleum Reserve drops around 8.6 million barrels last week, the biggest weekly drawdown on record, marking 7 consecutive weeks of decline.


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🇮🇳 Gautam Adani agreed to pay $6 million to settle SEC allegations that he broke US securities rules by making false and misleading representations about Adani Green.


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Boeing shares fell 4% after Trump said China agreed to buy 200 Boeing jets — far below expectations of a possible 500-plane deal discussed before his meeting with Xi Jinping.

Investors reacted negatively as details of the order remain unclear.


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Putin will travel to China on May 20, only days after Trump’s visit, as per SCMP


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Xi confirms China and the U.S. agreed to stabilize trade relations after talks with Trump in Beijing.


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🔥 Nvidia is $300B away from becoming the first $6T company.


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🔥 Polymarket named exclusive prediction market partner for Serie A.


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🐈 Trump provides an update on his 48-hour visit to China for the US-China summit with over 15 US public company CEOs.

He says tariffs were not discussed with China’s President Xi and were "not brought up."

Trump made no commitment on Taiwan during their talks.

He also mentioned the possibility of meeting President Xi four times in 2026.

China has not purchased Nvidia’s H200 chips, despite US approval for sales.

Trump added that he and Xi discussed potential easing of US sanctions on Chinese companies buying Iranian oil.


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📊 Market Overview

SPX: $7501
NASDAQ: $26635
DXY: $99

Gold: $4552
Silver: $77
Bitcoin: $80330


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Jerome Powell ends his 3,018-day tenure as Fed Chair today as his term expires.


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"AI can cost more than human workers now," per Axios.


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CME and NYSE are requesting to open a case against Hyperliquid for market manipulation and to start regulating the platform.

Earlier, screenshots circulated showing professional traders on Nasdaq monitoring the IPO pricing of Cerebras on Hyperliquid charts.


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The US sold 30-year bonds with yields above 5% for the first time since the global financial crisis began.


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