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Investors will assess a slew of data from China, including its urban unemployment rate, retail sales, and industrial production

U.S. stocks edged back from their record heights after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow slipped 0.1% Thursday. The S&P

Investors assessed a slew of data from China, including its urban unemployment rate, retail sales, and industrial production.

Early gains in equities dissipated throughout the day, however, with the three major indexes closing slightly lower.

JPMorgan Chase CEO Jamie Dimon this week warned policymakers the U.S. needs to address its growing fiscal deficit.

Investors assessed a slew of data from China, including its urban unemployment rate, retail sales, and industrial production.

From meme stocks like GameStop and AMC continuing to decline to Reddits stock surging after news of a partnership with OpenAI, heres a look at some of the major developments from across the world

Unlike 2021, when Reddit users banded together to target highly shorted stocks that burned the bearish bets of hedge funds, institutional investors too were part of the meme-stock mania, Vanda Research, which tracks retail investor flows, said.

Its nighttime in America, which means it is time for Shacknews Evening Reading.

Asian shares have retreated after U.S. stocks edged back from their record heights. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after officials in Beijing