Reported 6 months ago
Stocks finished lower but with a weekly gain, reacting to the May employment report showing 272,000 new jobs created and wages rising. The S&P 500 and Dow slipped while Nasdaq dipped, with strong Treasury yields post-report. GameStop's shares declined despite a planned livestream by Keith Gill, 'Roaring Kitty'. Stocks turned higher later in the day, with Dow up 186 points. The article also discusses job market dynamics and market reactions to potential Federal Reserve rate cuts.
Source: YAHOO