Federal Housing Finance Agency Director Pulte: An announcement regarding homebuilders will be released soon.

Nvidia (NVDA.O) shares rose up to 5%.

The China Earthquake Networks Center officially reported that a magnitude 4.3 earthquake occurred at 23:17 on May 6 in Zayu County, Nyingchi City, Tibet (28.82 degrees north latitude, 96.01 degrees east longitude), with a focal depth of 10 kilometers.

A survey shows that OPEC's output in April fell to a 36-year low due to the impact of the war.

Domestic News 1. Wang Yi meets with Iranian Foreign Minister Araghchi. 2. People's Bank of China: The weighted average interest rate for newly issued commercial personal housing loans nationwide in the first quarter of 2026 was 3.06%. International News 1. US gasoline prices hit $4.50, nearing a record high. 2. US April ADP nonfarm payrolls increased more than expected. 3. SpaceX plans to invest $55 billion in Texas to build a Terafab chip factory. 4. Federal Reserve's Mossalem: There are reasonable scenarios indicating that interest rates need to remain stable for some time. Risks are shifting towards inflation. 5. Middle East Situation: ① US media reports that the US and Iran are close to reaching a one-page memorandum to end the conflict and open a 30-day negotiation window. The Iranian Foreign Ministry says it is assessing the 14-point proposal put forward by the US. Iranian media says some of the reported content is speculative. ② US media: Trump says face-to-face negotiations between the US and Iran are premature. ③ Reports indicate that Netanyahu consulted with the Trump administration on US-Iran negotiations. ④ US media: Iran warns ships against transiting the Strait of Hormuz without permission. ⑤ The French aircraft carrier Charles de Gaulle sails towards the Red Sea in preparation for escort duties in the Strait of Hormuz. ⑥ Iranian parliamentary speaker: Iran is prepared to open fire if the US does not make necessary concessions. ⑦ US Middle East envoy Witkov recently held indirect talks with Iranian officials. ⑧ Trump: Operation Epic Fury will end if Iran complies with its commitments; otherwise, bombing will resume. ⑨ Trump says the war with Iran is "very likely to end," and the two sides are close to reaching an agreement. ⑩ Israeli official: The US has made it clear to us that Trump will stick to his "red lines," the most important of which is the removal of nuclear materials from Iran.

OPEC OUTPUT FELL TO NEW 36-YEAR LOW IN APRIL ON WAR - SURVEY