- Nasdaq futures led Wall Street gains on Monday and were set to begin June's first trading day on a positive note as megacap growth stocks rose, recovering some ground after closing Friday's session in the red.
The S&P 500 rose 4.8%, the Dow climbed 2.3% and the tech-heavy Nasdaq rose nearly 7% last month, as strong earnings and hopes of easing monetary policy buoyed Wall Street's biggest stocks. "That said, an advanced equity rally, depressed volatility and elevated investor positioning in risk assets reflect a very high degree of market optimism that keeps the risk of temporary setbacks high."
Among individual movers, shares of GameStop soared 69.1% after a weekend Reddit post from stocks influencer Keith Gill, also known as "Roaring Kitty," showed a $116 million bet on the gaming retailer. Paramount Global shares gained 5.5% after a report on Sunday said Skydance Media had sweetened its buyout offer for the company to $15 per share.Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...Got some cash to fill up your TFSA? Here are two stocks that look like good buys on the recent TSX stock market correction.
-- Oil was little changed after OPEC+ set out a plan to restore some production as early as October, despite concerns over the demand outlook and robust supply from outside of the group.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: SooToday - 🏆 8. / 85 Read more »