The Dow and S&P 500 climbed after the monthly jobs report showed a pickup in the American labor market’s recovery.
Meme stocks were dropping premarket while futures were broadly higher.
Investors begin to backpedal as the movie-theater operator cautions potential purchasers of its shares that they might lose money.
U.S. stocks fell as fresh weekly data showed a continued recovery in the labor market and traders kept a close eye on any potential policy shifts from the Federal Reserve.
Some meme stocks looked poised to fall alongside broader markets.
The S&P 500 closed slightly higher while a narrow group of stocks popular with individual investors stole the spotlight.
GameStop and AMC remain part of the Russell 2000 value index despite a dazzling run-up in the shares.
Hard hit by the 2015 oil bust and the 2020 pandemic, the company is now seeing its prospects improve as global crude prices top $70 a barrel.
Shares of meme-stock companies popular with retail investors surged premarket on Wednesday
U.S. stocks gave up their gains after fresh data showed that U.S. manufacturing activity, while expanding, continues to be affected by rising commodities prices, materials shortages and difficulties in the labor market.
Futures pointed to muted gains at the open.
Global stock markets fell as investors wrapped up a month of trading dominated by concerns over inflation and the pace of the international economic recovery.
How did a bunch of amateurs take Wall Street by surprise? Our five-part podcast series goes inside the GameStop saga, from the birth of YOLO to what comes next.
Here are seven major companies whose stocks moved on the week’s news
Major indexes turned in slight gains Friday as the Fed’s preferred measure of inflation rose in April. Nasdaq also advanced, but finished May with a 1.5% decline.
Meme stocks were gaining in premarket trading.
The spring resurgence in so-called meme stocks is the latest triumph for retail traders long derided as “dumb money.”
The S&P 500 and Dow industrials rose after a slew of economic data releases that are expected to spur discussions among investors about the Federal Reserve’s response to a strengthening recovery.
The market bellwether has evolved alongside the U.S. economy, as index constituents moved from smokestack companies to a diverse array that includes technology heavyweights.
The rally in meme stocks took a breather in premarket trading.