news flash·2025-06-10 23:34Group 1 - The U.S. Commerce Secretary stated that negotiations are progressing smoothly, which has boosted U.S. stock markets, with the S&P 500 index closing near its all-time high and chip stocks outperforming the market, while Tesla shares rose nearly 6% [1] - Reports indicate that the U.S. is close to reaching an agreement on partial exemptions for steel tariffs on Mexico, leading to a drop in U.S. steel stocks after hours and a temporary rise in the Mexican peso [1] - The U.S. Treasury Secretary, Yellen, is viewed as a potential candidate for the next Federal Reserve Chair [1] Group 2 - The U.S. "stablecoin bill" is set for procedural voting this Wednesday, paving the way for expedited legislation; meanwhile, South Korea's ruling party has proposed a basic law on digital assets to allow local companies to issue stablecoins [1] - The U.K. has seen the largest drop in employment numbers since 2020, raising expectations for interest rate cuts by the Bank of England, with traders fully pricing in two more rate cuts within the year [1] - OpenAI has released an enhanced reasoning model, o3-pro, which reportedly has formed a partnership with Google Cloud, and the price of o3 has been reduced by 80% [1]