👉 Macroeconomics.
💰 NY stocks advance driven by Bessent's nomination for the US Treasury.
The market evaluates hedge fund investor Scott Bessent as a moderate, who can contribute to greater control of the American deficit.
💰 China is willing to return economic relations with the US in the right direction, says vice minister.
China's Vice Minister of Commerce, Wang Shouwen, said that the country is willing to return economic and trade relations with the US to the right direction, seeking to benefit both countries. The comment was made on Monday, the 25th, during a meeting between Wang and the vice president of Nvidia (NASDAQ: NVDA), Jay Puri.