2 hours agoPeople walk past the New York Stock Exchange Wednesday, March 27, 2024. World shares are mixed after Wall Street slipped a bit further from its record highs. The S&P 500 was 0.3% higher in morning trading. It’s on track for its first gain since setting an all-time high last week on Thursday, but all its movements since then have been relatively modest.The Dow Jones Industrial Average was up 225 points, or 0.6%, as of 10:25 a.m.
Robinhood Markets climbed 3.4% after unveiling its first credit card, which is reserved for its subscription-paying Gold members, along with other new products. GameStop also tumbled after delivering a profit for the latest quarter, when several analysts were expecting a loss. It fell 14.3%. It’s the original meme stock, predating Trump Media by years, where its price has often moved more on the sentiment of smaller-pocketed investors rather than on fundamentals like its profit and revenue.
But both the U.S. bond and stock markets will be closed that day for Good Friday. That could cause some anticipatory trades to bunch up on Thursday. It will also be the last day of the month and of the first quarter, which could further roil things.
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