The S&P 500 Energy Index fell 4.5%, facing its biggest drop since 2025.

The A-share electronic chemicals sector saw a volatile upward trend, with Guanghua Technology hitting the daily limit, Tiancheng Technology and Fangbang Shares rising by more than 15%, Tongyu New Materials rising by more than 10%, and Hongchang Electronics, Guoci Materials, Sanfu New Technology, OLED, and Tiantong Shares following suit.

Domestic News: 1. Wang Yi holds talks with Mongolian Foreign Minister Battsetseg. 2. National Bureau of Statistics: Live pig (three-way crossbred) prices fell 1.0% month-on-month in early June. 3. Reports indicate that Ant Group is secretly testing an AI-powered version of Alipay; the release date is undetermined. International News: 1. Affected by US-Iran news, spot gold rose 2% in early trading, WTI crude oil fell 5%, and Nasdaq futures rose 1%. 2. Putin called Trump to wish him a happy 80th birthday, a call that lasted 55 minutes. 3. It is reported that South Korean and US officials met to discuss the foreign exchange market, and both sides agreed to cooperate on the issue of the weak won. 4. Poll: Trump's approval rating among rural voters in the US has dropped to 50%, the lowest level during his presidency. 5. Britain intercepted a sanctioned Russian "shadow fleet" oil tanker in the English Channel, marking the first time Britain has led an interception of such vessels. 6. Middle East Situation— ① Trump: Iran agreement reached, free passage through the Strait of Hormuz, US blockade lifted. Pakistani Prime Minister stated that the US and Iran have reached a peace agreement, with both sides announcing an immediate and permanent cessation of military operations on all fronts. Iranian Deputy Foreign Minister: The text of the US-Iran memorandum of understanding has been finalized, war on all fronts ends immediately, and the memorandum will be formally signed in Switzerland on Friday. Negotiations over the next 60 days will discuss four issues. ② Trump criticizes Netanyahu: Lebanon attack "lacking judgment," nearly ruining the signing of the Iran nuclear deal. ③ Israel attacks again on the southern outskirts of Beirut, Lebanon. Reports indicate Iran canceled the attack on Israel at the last minute. ④ Iranian officials disclose draft US-Iran memorandum: Iran promises not to possess nuclear weapons and to open the Strait of Hormuz; the US unfreezes assets and waives oil sanctions.