CNBC Daily Open: Dow drops on weak manufacturing data, GameStop soars
Publishing timestamp: 2024-06-03 20:33:43
Summary
Weak manufacturing data dents Dow, S&P 500 and Nasdaq see gains. Nvidia jumps on new AI chips. GameStop stock surges as meme stock leader holds massive position. Moderna and Merck report positive results for skin cancer vaccine. Paramount and Skydance agree to merger terms. Microsoft to cut jobs in mixed reality division. Piper Sandler picks stocks for favorable macroeconomic backdrop. Market trading sideways as concerns about economy and interest rates persist.
Sentiment: MIXED
Tickers: GME,
Keywords: gamestop corp, united states, markets, world markets, breaking news: markets, technology, breaking news: technology, business news,