Stock Market Today: Stocks mixed with focus on jobs data; GameStop soars

Reported 6 months ago

Stocks finished mixed on Monday, with the Dow dropping 0.3%, the S&P 500 rising 0.11%, and the Nasdaq gaining 0.56%. Analysts reflect on a busy May for the market and investors navigating various economic and political uncertainties. GameStop and AMC Entertainment saw surges, while a technical glitch impacted listed stocks. Treasury bond yields and the dollar declined, showing signs of stagflation, with lower economic growth and substantial inflation pressures. Analysts are closely watching job market updates and potential Fed rate cuts in September.

Source: YAHOO

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