French President Macron said on the 15th he will not yield to U.S. President Trump’s tariff threats and will not cancel France’s digital tax targeting U.S. tech giants. Speaking in Evian-les-Bains on public television, Macron said the levy is part of Europe’s legal framework, some countries have already implemented it, and the U.S. has no right to set laws for Europeans or the French.

JP Morgan Asset Management's EMEA chief market strategist Karen Ward said a sharp fall in oil could power equities by reigniting the rotation halted by the Iran conflict. As a U.S.-Iran agreement takes shape, she said oil could fall to $70/bbl in the coming weeks. Supply upside may come not only from Iran but from weakening OPEC cohesion and Gulf producers monetizing reserves, creating a material tailwind for stocks and potentially prompting central banks to cut rates. Ward added the sector- and regional-rotation seen last year was interrupted on Feb. 27 but is now re-emerging as the shock fades.

NEWSOM said the WHITE HOUSE, built for the American people, is being used to promote companies in which Trump holds stock, sell subscriptions, publicize corporate sponsors and enrich Trump and his family.