Stock market today: Nasdaq rises, Dow slumps in bumpy trading day as GameStop rallies

US stocks closed mixed on Monday to kick off a volatile first trading day of June. The tech-heavy Nasdaq Composite finished the day in positive territory, up about 0.6%, after flip flopping throughout the trading session. The benchmark S&P 500 did the same, rising about 0.1% while the Dow Jones Industrial Average recovered from steeper losses to shed more than 100 points, or around 0.3%.

Bond yields also moved to the downside, with the 10-year Treasury yield falling about 11 basis points to trade near 4.40%. Meanwhile, a surge in GameStop shares grabbed the spotlight, firing up speculation again of a return to a 2021-style meme rally. The stock skyrocketed over 100% at one point after a Reddit post apparently by Keith Gill — aka "Roaring Kitty" — showed a big bet by the influential trader. Fellow meme darling AMC's shares shot up as much as 27% alongside the move.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Nasdaq moves higher while GameStop rallies after 'Roaring Kitty' reemergesUS stocks are looking to build on their strong performance in May as hopes for rate cuts revive and the meme stock mania roars back.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Nasdaq leads stocks higher while GameStop skyrocketsUS stocks are eyeing an upbeat start to June as hopes for rate cuts revive and the meme-stock mania roars back
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Nasdaq leads US futures higher while GameStop skyrocketsUS stocks are eyeing an upbeat start to June as hopes for rate cuts revive and the meme-stock mania roars back
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Dow snaps 8-day win streak, GameStop soars as meme frenzy reignitesAttention is on this week's CPI report, seen as a potential starting gun for Fed rate cuts.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Nasdaq touches intraday record, Dow struggles to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Nasdaq touches new record, Dow tries to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »