Stock futures gain ahead of inflation data – The Madison Leader Gazette
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Summary:
Stock futures opened slightly higher Wednesday evening as traders looked ahead to a key print on consumer price changes, which will help elucidate the path forward for monetary policymakers during the recovery coming out of the pandemic.
Contracts on the S&P 500 rose slightly. During the regular session, the index came within 1 point of its recent all-time high, but ultimately failed to set a new record. Dow and Nasdaq futures were also higher in the after-hours session.
Shares of GameStop (GME) slid 12% in late trading after the company said it was filing to be able to issue up to 5 million shares of its common stock, with the news overshadowing its stronger-than-expected first-quarter sales results. Other so-called “meme stocks” that recently became popular with traders on Reddit ...
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