Wall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week
AMC's stock rose just over 83% this past week
The difference now is that investors have poured billions of dollars into products tracking smaller and cheaper stocks in the past six months
The U.S. 10-year Treasury yield ticked up to 1.6% after ADP national employment data showed U.S. private payrolls increased by 978,000 in May
The shares soared 27 per cent to an intraday record on Wednesday after jumping 23 per cent the day before
U.S. equities inched higher at the open as some high valuations, including of so-called "meme stocks", fed into investor sentiment.
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Data showed US manufacturing activity picked up in May as pent-up demand in a reopening economy boosted orders.
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(Reuters) - Wall Street's main indexes opened higher on Friday as investors shrugged off data showing a jump in inflation, although recent worries about a spike in prices kept the S&P 500 on course for its smallest monthly gain since February.
(Reuters) - The Dow and the S&P 500 opened higher on Thursday after data showing fewer weekly jobless claims pointed to an improving outlook for the U.S. economy.
Investor focus on Thursday will be on the Labor Department's weekly jobless claims report, considered the most timely indicator of economic health.
Investors also geared up for key inflation readings later this week
Bitcoin is now down 48 per cent, from the year's high
Most Asian markets traded weak after the overnight fall in the US markets
Wall Street's main indexes opened higher on Thursday after weekly jobless claims hit their lowest level since the start of a pandemic-led recession
A couple of Fed policymakers raised concerns that inflation will rise to "unwelcome" levels before the case for policy action becomes sufficiently evident.
The Dow Jones Industrial Average fell 6.84 points, or 0.02 per cent, at the open to 34,375.29
Wall Street's major indexes are set for their steepest weekly drop since February after stronger-than-expected inflation data, signs of labor shortage and higher commodity prices
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