Amy Morris

Israeli Prime Minister Benjamin Netanyahu has said that the war won't be over until Iran's nuclear material is removed.

Oil is on the rise.

Senior analyst Salih Yilmaz with Bloomberg Intelligence.

Celia Maas with Bloomberg Intelligence.

WTI now closing in on $99 a barrel and Brent Crude nearing $105 a barrel.

President Trump voicing support now for a gas tax holiday to counter the price at the pump.

Trump told CBS News in a phone interview he would like to pause the federal 18.4 cents a gallon tax on gasoline for a period of time.

Although it is not clear how much of the tax cut would reach consumers at the pump, but suspending the tax could be devastating for the Highway Trust Fund, which pays for the construction and repair of interstate highways, roads and bridges.

President Trump is expected to press President Xi Jinping over China's approach to Iran and hammer out details on a new board of trade when they meet in Beijing this week.

We are learning that Elon Musk, Larry Fink and David Solomon are among the executives invited to be a part of the U.S.

delegation to China.

A White House official tells Bloomberg that executives from Boeing...

GE Aerospace, Cargill, Illumina, Visa, Micron, Qualcomm, Cisco, Coherent, Blackstone, Citi, MasterCard, Meta, and Apple are all also expected to join.

Reuters reports NVIDIA CEO Jensen Huang was not invited, with the White House focusing more on agriculture and commercial aviation matters.

Semiconductor stocks are rising, extending gains after many chip stocks closed at record highs on Friday.

The latest surge boosted by continued investor enthusiasm over AI infrastructure buildouts.

Qualcomm shares more than 7% higher.

Micron shares jumped nearly 6%.

And we do check markets for you all day long here at Bloomberg.

The S&P 500 up 0.3%.