Stocks little changed, GameStop rally: Market trends of the day

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Trading Day,Federal Reserve,Gamestop

Yahoo Finance's Josh Schafer joins Asking for a Trend to break down the trading day's biggest stories. The markets (^DJI,^GSPC, ^IXIC) remained relatively...

) remained relatively unchanged ahead of Friday's jobs report, where analysts expect 185,000 nonfarm payroll adds for the month of May. The report will be part of the economic data examined by the Federal Reserve when weighing its next interest rate decision. Many expect rate cuts to start in September as inflation cools.) is rallying on the return of Roaring Kitty's upcoming livestream and a Reddit post showing an increasing position in the meme stock.

But it was interesting to me to see this big of a move in a week really off some jolts data, not a lot of data. Gamestop won't give up because I was talking to our colleague, Josh Lipton on Monday when Gamestop rallied and then it kind of cooled off and I was like, maybe it's over, we kind of left the segment with, you know, maybe like this is just it, right, because Gamestop had the rally on Monday, I'll pull up the charter for us and at the rally on Monday and then it sort of just died down after that.I'm gonna help you out here because I know it's the top training.

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