Reported 6 months ago
The stock market remained steady, with GameStop experiencing a rally due to Roaring Kitty's upcoming livestream and a Reddit post showing increased interest in the meme stock. Ahead of the jobs report, analysts are expecting 185,000 nonfarm payroll adds for May, influencing the Federal Reserve's interest rate decisions. The market expects rate cuts to start in September as inflation eases. For more insights and market updates, explore the full episode of Asking for a Trend.
Source: YAHOO