Dow closes above 40,000 for first time, notching new milestone [CBS News]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: CBS News
The 128-year-old blue-chip index added 134 points, up 0.3%, to close at a record high of 40,004. The broader S&P 500 index edged up 0.1% and the tech-heavy Nasdaq ended essentially flat. All three financial markets climbed to new heights this week after the Consumer Price Index rose at an in April, in line with analyst forecasts. Although inflation continues to run considerably hotter than the Federal Reserve's 2% target, the latest CPI data suggests that prices around the U.S. are moderating after rising much faster than expected earlier this year. That is rekindling hopes the Federal Reserve could soon act to cut its benchmark interest rate, which would give a further lift to financial markets as well as lower borrowing costs for consumers and businesses. With the U.S. economy seemingly on track for a soft landing, many traders expect the U.S. central bank to trim the federal funds rate — now at its highest level in more than two decades — twice this year. While major markets
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GME
Earnings
- 6/7/24 - Miss
GME
Sec Filings
- 6/20/24 - Form 8-K/A
- 6/18/24 - Form 8-K
- 6/14/24 - Form 4
- GME's page on the SEC website