News & Views

Markets gained ground last week, led by tech stocks as nVidia's earnings impressed. Despite a dip in U.S. GDP, investor sentiment held firm amid tame inflation data and rising consumer spending. In Europe, ECB speculation stirred debate, while escalating U.S.-China trade tensions returned to the spotlight. Plus, Google backs a major ESG water-saving project. Here's your essential market breakdown for the week ending 2nd June 2025.

Markets rallied this week with gains in the Nasdaq 100 and S&P 500, while the Dow dipped slightly. Moody’s downgraded the US credit rating amid concerns over rising debt. Inflation showed modest signs of easing, though uncertainty remains. The ECB may cut rates as trade tensions pose risks, while New York launched a $1 billion climate initiative. Wheat prices rose on favorable weather, and trade negotiations remain a key focus.