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S&P 500 hopes for fourth week of gains, meme stocks rally

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Inflation Data,Price Index,Major Indices

While the major indices (^DJI, ^GSPC, ^IXIC) opened relatively flat Tuesday morning, the S&P 500 is eyeing a fourth straight week of gains as Wall Street...

, the S&P 500 is eyeing a fourth straight week of gains as Wall Street awaits fresh inflation data in April's Consumer Price Index this week.joins The Morning Brief to examine the market open following the latest Produce Price Index data, factoring in the meme stock rally led by GameStop shares -- GameStop Corp. shares surged as speculation swirled around a return to social media by Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.

Dunne, a power broker on Wall Street and in golf circles, was not included on the PGA Tour Enterprise's new “transaction subcommittee” that will be handling the direct negotiations with the Public Investment Fund of Saudi Arabia. Dunne and Ed Herlihy, an attorney specializing in mergers and acquisition and chairman of PGA Tour Inc., were whom PGA Tour Commissioner Jay Monahan leaned on when he first met with Yasir Al-Rumayyan, the PIF governor, that led to the June 6 agreement.

 

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