Stock market today: Dow snaps 8-day win streak, GameStop soars as meme frenzy reignites

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 15 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Market Gains Новости

Nasdaq Composite,Interest Rate Cuts,Dow

Attention is on this week's CPI report, seen as a potential starting gun for Fed rate cuts.

US stocks closed mixed Monday while a meme stock rally was reignited following a string of recent market gains. Investors turned their attention to an upcoming inflation report this week seen as a potential starting gun for interest rate cuts. The S&P 500 closed just below the flatline, while the tech-heavy Nasdaq Composite moved up about 0.2%. The Dow Jones Industrial Average snapped its eight-day winning streak, closing down 0.2%. The markets were dominated by a meme rally Monday.

Stocks have come back strong in May on the back of better-than-expected earnings and a revival of optimism for a Federal Reserve easing in monetary policy. The Dow notched eight straight daily wins in a row on Friday — though a dearth of economic releases likely played a part.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 47. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market today: Dow nabs 8th straight winning session, S&P 500 marches back toward record highInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: Stocks rise, Dow eyes 8th straight win as rate-cut hopes aboundInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: US futures rise, Dow eyes 8th straight win as rate-cut hopes aboundInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: Dow eyes 8th straight win as rate-cut hopes buoy stocksInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200Stocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: Stocks rise as Dow tries to extend 6-day win streakStocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »