Stock Market Today: Stocks Rise as Meme Stock Craze Continues
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GameStop stock soars 120% as the 'Roaring Kitty' meme stock rally continues for a second day
GameStop stock was once again skyrocketing Tuesday before markets opened, a day after the return of Roaring Kitty — the American investor known for his Reddit posts — drove the shares sharply higher and brought meme stock mania back to the market. The video game retailer’s stock was up a whopping 120% in pre-market trading Tuesday morning. Posting under the name Roaring Kitty, Keith Patrick Gill is known for igniting GameStop’s massive meme stock short squeeze in 2021, then disappearing from...
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Stock market today: Asian stocks drift after Wall Street closes another winning week
NEW YORK (AP) — U.S. stocks are drifting around the edge of their record heights on Monday. The S&P 500 was edging up by 0.1% in midday trading and pulling within 0.5% of its record set at the end of March. The Dow Jones Industrial Average was up 41 points, or 0.1%, as of 11 a.m. Eastern time, and the Nasdaq composite was 0.3% higher. Stocks have rallied this month following a rough April on revived hopes that inflation may ease enough to convince the Federal Reserve to cut its main interest...
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Stock market today: Asian stocks drift after Wall Street closes another winning week
Asian stocks are mostly lower following the weekend release of weak China lending data