Global Economic Growth Forecast: The United Nations projects global economic growth at 2.4% for 2025, down from the estimated 2.9% in 2024.
India's Growth: India's economy is expected to grow at 6.3% in the current fiscal year and 6.4% in 2026.
US-China Trade: Some tariffs between the US and China were temporarily reduced for 90 days earlier in May, but overall trade uncertainty persists.
US Inflation: US inflation unexpectedly decreased to 2.3% last month.
US Stock Markets (Friday, May 16th): The S&P 500 closed higher, recovering its year-to-date losses, while the Dow Jones fell, and the Nasdaq gained.
Asian Markets (Monday, May 19th): Most Asian markets were trading lower.
European Markets (Monday, May 19th): European markets experienced declines.
Indian Stock Markets (Monday, May 19th): The Sensex and Nifty 50 closed lower for the second consecutive session.
US Credit Rating: Moody's downgraded the US government's credit rating on Friday.
Coinbase Stock: Experienced a significant increase due to its inclusion in the S&P 500 index.
Nvidia and AI Stocks: Showed strong gains.
UnitedHealth Group Stock: Fell sharply after suspending its full-year financial forecast.
Indian IT Stocks: Faced losses.
Indian Financial Stocks: Showed gains.
Indian Realty and PSU Bank Indices: Were among the top performing sectors in India.
