The S&P 500 remains closest to its benchmark and is just 0.44% away from a new all-time high. The Dow and Nasdaq are roughly 2% away from records.
The after-hours session saw the stock of video-game retailer GameStop sliding 10% in extended trading despite the company s announcement that it s tapped former Amazon executive Matt Furlong to be its next CEO. Investors may be dismayed about a Securities and Exchange Commission information request, as well as a filing with the regulator to sell up to 5 million additional shares.
Investors await the next reading on inflation to gauge if higher price pressures are just temporary as the economy continues to rebound from the pandemic-induced recession.
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BANGKOK (AP) — Shares advanced in Asia on Thursday after a day of modest gains on Wall Street, led by buying of energy and technology stocks. Oil prices also rose.