US stocks opened higher: Dow Jones Industrial Average +0.26%, S&P 500 +0.79%, Nasdaq Composite +1.39%. Intel rose 11.5% after Google ordered more than 3 million TPUs. American Battery Technology Co jumped 25.5% after winning an appeal and the DOE restored funding for its project. Marvell Technology gained 9.6%. The Nasdaq Golden Dragon China Index was up 0.53%.

A Latvian military spokesman said at least one drone entered Latvian airspace from Russia.

Shaanxi Development and Reform Commission issued a notice on 2026 summer peak energy security, directing local development and reform departments to ensure coal supply. Coal producers are ordered, under safety and legal compliance, to release advanced capacity, operate to full design output and stabilize/increase production. The notice tightens coal suppliers’ supply obligations and mandates supervisory oversight of power-coal long-term contract performance, with monthly fulfillment rates of no less than 90% during the peak summer period. Rail authorities must prioritize coal logistics and provide targeted deliveries to plants with low stocks. Power generators must report daily coal inventories; centrally dispatched plants should raise usable coal stocks to more than 20 days before the summer peak, and during the peak plants with coal stocks below 15 days will face dynamic zero dispatch.