Tesla (TSLA.O) shares extended their pre-market gains to 11%.

Saudi Aramco CEO: We are currently considering investments in new energy sectors outside Saudi Arabia.

Scottish First Minister Yousaf: Will resign, has called for election, and will continue to serve as First Minister until a successor is elected.

Citi: The Federal Reserve is expected to cut interest rates by 100 basis points this year.

Citi: The Federal Reserve is expected to start cutting interest rates in July, compared with the previous estimate of June.

Citigroup: Lowered Apple (AAPL.O) price target to $210 from $220.

UK Maritime Trade Operations Office: Company security officers have informed that an explosion occurred near a merchant ship, the vessel and crew are safe, and authorities are investigating.

Egyptian Foreign Minister: (Speaking of Gaza ceasefire negotiations) There is a proposal on the table, which depends on the consideration of both sides. We are hopeful about this proposal and we are waiting for the final decision.

Before the U.S. stock market opened, Tesla (TSLA.O) rose more than 9%, driving new energy vehicle stocks to rise. Li Auto (LI.O) and NIO (NIO.N) both rose more than 4%, and Xpeng Motors (XPEV.N) rose nearly 1.8%.

Fitch: European high-yield bond default rates rise.

Saudi Foreign Minister: (When asked about Saudi-US security agreement negotiations) Very, very close to reaching a bilateral agreement.

CanSino Biologics (06185.HK) had revenue of 114.3 million yuan and a net loss of 170.1 million yuan in the first quarter.

German government spokesman: Not aware of any initiative to reform the ECB.

German government spokesman: We hold different views on possible reforms of the European Central Bank.

According to the Dutch News Agency: Türkiye will support Dutch Prime Minister Rutte as the next NATO Secretary-General.

According to Interfax: The Russian Defense Ministry said that Russian troops took control of Semenivka in eastern Ukraine.

US Secretary of State Blinken: Israel’s ceasefire proposal is “extraordinarily generous.”

US Secretary of State Blinken: The proposal put forward by Hamas is "very generous" and Hamas is expected to "make the right decision."

British maritime security company Ambrey: A container ship flying the Malta flag was attacked while en route from Djibouti to the Saudi city of Jeddah, with the ship reportedly being hit by three missiles.