Stock Market News·2025-12-02 20:38Group 1: Automotive Industry - Mitsubishi Motors, Nissan, and Honda are exploring a joint production initiative in the U.S. to standardize in-vehicle software and enhance competitiveness in the electric vehicle market against rivals like Tesla and Chinese manufacturers [2] - This collaboration could lead to an automotive group with combined annual sales exceeding 8 million vehicles, leveraging Nissan's existing 34% stake in Mitsubishi [2] Group 2: Commodity Markets - Copper prices have retreated from record highs, closing at $11,145 per tonne, due to weakened demand from China's winter slowdown and increased export availability [3] - Despite the recent decline, analysts forecast that average copper prices could remain strong, potentially reaching up to $12,000 by 2026 [3] Group 3: Economic Policy and Political Landscape - Former President Donald Trump announced the introduction of "Trump accounts," which will provide a $1,000 government contribution for children born between January 1, 2025, and December 31, 2028, with a $6.25 billion pledge from billionaires Michael and Susan Dell for additional eligible children [4] - The Trump administration is threatening "snap cuts" to SNAP food aid for Democrat-controlled states that do not provide requested data, citing fraud concerns [5] - Speculation around Harvey Hassett as a potential Federal Reserve Chair has increased following his introduction by Trump, indicating a preference for a leader aligned with lower interest rates [6]