ஸ்டேஸீ ஷிவேழி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

May 29, 2021 8:30 AM EDT Stocks finished Friday and the S&P 500 closed out May with its fourth straight month of gains as inflation data failed to dent investors sentiment on the recovering U.S. economy. The Dow Jones Industrial Average finished up 64 points, or 0.19%, to 34,529, the S&P 500 edged up 0.08% and the Nasdaq ticked 0.09% higher. AMC Entertainment  ( GME,) - Get Report and others are back at it. These Reddit stocks have been red hot and are starting to squeeze higher with strong upside rallies. As these so-called meme stock leaders fetch a bid, they’re dragging others higher too. AMC shares jumped nearly 25% Friday, though reversed course by midday and at last check was down 4.49% at $29.50, though still up well over 100% for the week. The stock on Thursday posted its biggest one-day gain since January’s meme-stock retail-trading frenzy, pushing its market value past $10 billion for the first time.

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