Markets Brief: Meme Stocks Return

From Morningstar: 2024-06-10 05:55:00

Dan Kemp, Morningstar’s global chief research and investment officer, provided insights on key market trends. Meme stocks like GameStop experienced volatility, rising 101% and then falling 39% in one day. US equities saw growth, job creation exceeded expectations, bond prices remained steady, and all eyes are on the Federal Reserve this week for updates on interest rates and the future path of the economy.



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