CNN reported officials said Trump, after a Friday meeting with advisers, requested revisions to a proposed agreement with Iran that will extend negotiations by one week. Officials did not specify the requested changes but said the president is pushing for tougher language on Iran’s nuclear commitments and guarantees that Iran would reopen the Strait of Hormuz. It is unclear how those wording disputes will be resolved. Axios and the New York Times earlier reported Trump had proposed changes.

Trump says a drone port on the White House ballroom roof could become the world’s most advanced facility and will provide long-term security for Washington, D.C.

Bank of China Securities said markets remained volatile at elevated levels this week. Structurally, previously strong technology sectors faced profit-taking as capital rebalanced from crowded high-fliers into lower-valued, higher-certainty sectors. Drivers: oil prices remain elevated; expectations of tighter offshore liquidity have strengthened recently; Kevin Warsh formally assumed the Fed chair and market odds of a hawkish U.S. policy path have risen. Market pricing for a Fed rate increase in 2026 has notably increased. The combination of high oil and higher rates has materially compressed the space for global liquidity easing. On the sector side, anticipated summer peak power demand supports utilities and coal supply tightness is driving prices higher; amid greater market volatility and muted fundamentals, investors are placing higher weight on dividend yields and lower-risk valuation cushions.