According to AXIOS: The U.S. Department of Defense estimates that the U.S. blockade has cost Iran $4.8 billion.

The U.S. Department of Defense said that U.S. Defense Secretary Hegseth ordered the withdrawal of 5,000 troops from Germany, which is expected to be completed within the next six to 12 months.

The Dow Jones Index closed down 152.87 points, or 0.31%, at 49499.27 points on May 1 (Friday);The S&P 500 Index closed up 21.1 points on May 1 (Friday) 1 point, or 0.29%, to 7230.12 points;The Nasdaq Composite Index closed up 222.13 points, or 0.89%, to 25114.44 points on May 1 (Friday).

For the week, the S&P 500 rose 0.9%, the Dow Jones rose 0.5% and the Nasdaq rose 1.1%. The S&P 500 and Nasdaq rose for a sixth consecutive week, their longest winning streak since October 2024.

At the close of U.S. stocks, the Dow Jones Industrial Average initially closed down 0.31%, the S&P 500 Index rose 0.29%, and the Nasdaq Composite Index rose 0.89%. Apple (AAPL.O) closed up 3.24% and SanDisk (SNDK.O) rose 8.25% due to its beautiful Q1 financial report. Intel (INTC.O) rose 5.44% and closed at a new high of $99.62.

Trump told Congress that the war with Iran had been "terminated," to which U.S. Senate Minority Leader Schumer responded: "This is nonsense. This is an illegal war, and every day Republicans continue to be complicit and allow it to continue, they are putting lives at risk, increasing chaos, rising prices, and Americans are paying for it. "