• Indexes: Dow up 0.07%, S&P up 0.14%, Nasdaq up 0.14%
  • Rally of AMC’s stock sets record
  • Investors track labor market’s recovery after April drop in jobs
  • Big data week drives inflation apathy
  • Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn

LONDON, June 2 (Reuters) – Global equities markets firmed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called “meme stocks.”

Oil prices hit the highest level in more than a year on lift from a decision by OPEC and allies to stick to the plan to gradually restore supply, along with the slow pace of nuclear talks between Iran and the United States. read more

Wall Street’s main indexes ended the session mixed after erasing earlier gains near midday trading led by a jump in shares of AMC Entertainment Holdings (AMC.N), which nearly doubled in price on Wednesday.

This breathtaking rally saw the theater chain…

Read more…


Comments are closed.