Overnight US stocks | The three major indexes closed higher, and Brent crude oil closed above $100 for the third consecutive day.

On Monday, the three major indexes closed higher. Brent crude oil briefly fell below $100, while WTI oil prices fell to below $95 per barrel. U.S. President Trump stated that the war will end soon but not this week. [US Stocks] At the close, the Dow Jones rose 387.94 points, or 0.83%, to 46946.41 points; the Nasdaq rose 268.82 points, or 1.22%, to 22374.18 points; the S&P 500 index rose 67.19 points, or 1.01%, to 6699.38 points. Tech stocks rose, with Micron Technology, Inc. (MU.US) up over 3.68%, SanDisk (SNDK.US) up 6.35%, NVIDIA Corporation (NVDA.US) up 1.65%, Tesla, Inc. (TSLA.US) up 1.11%, Lyft Inc. (LYFT.US) up 3.67%, and rising nearly 3% after hours. Lyft will use NVIDIA Corporation's AI technology to enhance the company's machine learning systems in global operations. [European Stocks] The German DAX30 index rose 128.43 points, or 0.55%, to 23564.72 points; the UK's FTSE 100 index rose 61.39 points, or 0.60%, to 10322.54 points; the French CAC40 index rose 24.44 points, or 0.31%, to 7935.97 points; the Euro Stoxx 50 index rose 25.74 points, or 0.45%, to 5742.35 points; the Spanish IBEX35 index rose 33.20 points, or 0.19%, to 17092.50 points; and the Italian FTSE MIB index rose 20.58 points, or 0.05%, to 44337.50 points. [Asian Stock Markets] The Nikkei 225 index fell 0.13%, the KOSPI index in South Korea rose 1.14%, and the Jakarta Composite Index in Indonesia fell 1.61%. [Cryptocurrency] Bitcoin rose over 2% to $74282.25, while Ethereum rose over 7% to $2351. [Oil] Brent crude oil settlement price remained above $100 per barrel for the third consecutive trading day. Investors are weighing signs of ample supply in the short term against escalating military threats to energy infrastructure in the Middle East. On the 16th, the New York Mercantile Exchange's light crude oil futures for April delivery fell $5.21 to $93.50 per barrel, a decrease of 5.28%, while Brent crude oil futures for May delivery fell $2.93 to $100.21 per barrel, a decrease of 2.84%. [US Dollar Index] The US dollar index, which measures the dollar against six major currencies, fell 0.65% to close at 99.705 in the foreign exchange market. At the end of trading in New York, 1 euro was worth $1.1521, higher than the previous trading day's $1.1440; 1 pound was worth $1.3333, higher than the previous trading day's $1.3245. 1 dollar was worth 158.95 yen, lower than the previous trading day's 159.61 yen; 1 dollar was worth 0.7867 Swiss francs, lower than the previous trading day's 0.7899 Swiss francs; 1 dollar was worth 1.3670 Canadian dollars, lower than the previous trading day's 1.3734 Canadian dollars; 1 dollar was worth 9.3263 Swedish krona, lower than the previous trading day's 9.4467 Swedish krona. [Metals] Precious metals continued their recent decline, with spot gold falling 0.25% to $5006.46 and spot silver closing at $80.781. [Macro News] The Trump administration is seeking a judge to reconsider a ruling that blocked a criminal investigation into Powell. Court documents released on Monday show that the Trump administration has asked a judge to reconsider a previous ruling that effectively blocked a criminal investigation into Federal Reserve Chairman Powell. Washington federal judge James Boasberg's ruling last Friday unsealed a ruling that blocked multiple subpoenas issued by federal prosecutors in January. These subpoenas sought information on overspending on renovations at the Federal Reserve headquarters and Powell's testimony last year before Congress about the project. The Justice Department urged the judge to review his decision in a new court filing. Washington, D.C. federal prosecutor Jeanine Pirro leading the investigation and her team argued in the filing that the judge "applied the wrong legal standard" and made errors on several significant factual issues. The motion was submitted in sealed form last Thursday but was made public on Monday at the request of Pirro's office. Cboe Global Markets Inc. plans to extend trading hours. Cboe Global Markets Inc., a global market company, has submitted a proposal to extend trading hours for its stock and options exchange, EDGX. The market operator announced on Monday that it plans to allow all listed NMS stocks to be traded on EDGX from 9 p.m. on Sunday through 8 p.m. on Friday. The company plans to have a one-hour operational pause between 8 p.m. and 9 p.m. Eastern Time on Monday to Thursday. CBOE stated that there has been an increased demand for U.S. stocks outside of traditional trading hours in recent years. CBOE has been operating around the clock trading through its proprietary index futures and options as well as global foreign exchange market operations. Oliver Sung, head of CBOE's North American Equities division, said that the filing submitted to the SEC is the latest step in preparing to launch trading in December. CBOE provides stock and derivatives trading platforms, including products linked to its flagship product, the VIX volatility index, which is often referred to as the market's "fear index." The SEC is expected to propose lifting the requirement for quarterly reports as early as next month. According to sources, the U.S. Securities and Exchange Commission (SEC) is preparing a proposal to eliminate the requirement for listed companies to report earnings quarterly and instead allow companies to disclose performance every six months. The regulatory agency could announce the proposal as early as next month. To prepare for the proposal, the regulator has consulted with officials from major exchanges to discuss adjustments that might be needed to related rules. Once the proposal is announced, it will enter a public comment period, which typically lasts at least 30 days, following which the SEC will vote on the proposal. It is expected that the rule will make quarterly reporting optional rather than completely eliminate it. Last September, it was reported that the Long-Term Stock Exchange had petitioned the SEC to eliminate the requirement for quarterly financial disclosures. Within a few days, both Trump and SEC Chair Atkins expressed support for the idea. For more than 50 years, U.S. publicly traded companies have been reporting earnings every three months. [Stock News] NVIDIA Corporation (NVDA.US) CEO Jensen Huang raises revenue expectations, targeting $1 trillion in revenue. NVIDIA Corporation expects its Blackwell and Rubin chips to generate at least $1 trillion in revenue by the end of 2027. The company previously predicted that these chips would bring $500 billion in sales by the end of 2026. NVIDIA Corporation CEO Jensen Huang made this latest forecast during the company's GTC event, further raising the outlook. In recent years, the company has accelerated its technological development. NVIDIA Corporation is attempting to refresh its entire product line every year while adding new components. Its next-generation flagship AI processor design, known as Vera Rubin, is set to appear in systems in the second half of 2026. Despite NVIDIA Corporation's consistently strong revenue growth, its stock price has been stagnant in recent months. Before today's speech, the stock had fallen 3.4% this year, but the company's market value remains unmatched at $4.4 trillion. Nebius (NBIS.US) forms a partnership with Siasun Robot & Automation and Physics AI to build a partnership with NVIDIA Corporation (NVDA.US). AI cloud computing company Nebius has announced a partnership with NVIDIA Corporation to accelerate the development of physical AI through an end-to-end platform specially designed for the entire lifecycle of Siasun Robot & Automation (from simulation, training to large-scale real-world deployment). By integrating Nebius's global AI cloud infrastructure with NVIDIA Corporation's Physics AI Data Factory Blueprint (an open reference architecture for large-scale data generation and evaluation), Nebius will provide a smart agent-driven environment for Siasun Robot & Automation developers and businesses. The environment aims to address the two fundamental obstacles to large-scale application of physical AI: the fragmentation of infrastructure and toolchains, and the lack of high-quality training data to address rare, unpredictable scenarios that determine success or failure. [Major Bank Ratings] Royal Bank of Canada: Raised the target price for Micron Technology, Inc. (MU.US) from $425 to $525.