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A new class of meme stocks has sprung up during the stock market's surprise recent rally, raising concerns about investors' willingness to take on bigger risks amid a still uncertain economy. Meme stocks are typically weak companies on the verge of failing, but that still manage to garner attention from individual investors willing to take on risky bets and drive the stock price higher. Two years ago, the video game retailer GameStop and movie theater operator AMC Entertainment made a big splash with individual investors in a frenzy that caught the attention of regulators and Congr...

A new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain

Spot gold fell 0.4% to $1 956.41 an ounce.

The major indexes held on for a win Monday as investors look ahead to Apple earnings and the July jobs report. Stocks started the day in positive territory but lost steam as the session wore on. Following a Friday that saw markets react to an encouraging inflation update and impressive Intel (INTC) earnings, today's session was relatively quiet. However, it's unlikely to stay that way with key economic data and several high-profile earnings reports due out later this week. Checking out today's e

(Bloomberg) -- Shares in Asia opened higher Tuesday following bullish trade on Wall Street as investors parsed further signs of stability in the global economy.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgage Rate Is Seen as Tipping Point to Unlock SupplyWhy China’s Miracle Growth Story May Be Coming to an EndEquities