US stocks surged, with the Nasdaq hitting a new record high, while the White House denied formally requesting Iran to extend the ceasefire!

· Hassett: The U.S. tariff alternatives are largely ready. This news is positive for the U.S. dollar. · ECB Governing Council member Kazak said there was no objection to the expectation of two rate hikes starting in June. This news is bearish for the euro. · US regulators are investigating a series of suspicious oil transactions prior to Trump's shift in Iran policy. This news is a short-term negative for oil prices but a positive for US stocks and the US dollar.