CNBC Daily Open: Roaring Kitty YouTube live, advisory group against Musk's $56 billion pay
Publishing timestamp: 2024-06-07 03:27:31
Summary
The S&P 500 remained unchanged as traders awaited a key U.S. economic report. GameStop shares surged after Roaring Kitty announced plans to go live on YouTube. Antitrust probes were initiated into Microsoft, OpenAI, and Nvidia. Robinhood agreed to buy Bitstamp for $200 million. China and Hong Kong markets slipped after trade data. ECB made interest rate cuts and inflation forecasts. Concerns were raised about a potential "reverse Trichet moment" for the ECB. Fed officials are waiting for more data on the labor market before considering rate cuts.
Sentiment: MIXED
Keywords: economic outlook, breaking news: technology, dow jones industrial average, bitcoin, world markets, technology, layoffs, cryptocurrency, breaking news: markets, economic policy, gamestop corp, artificial intelligence, youtube, united states, business news, markets, commercial banking, stock indices and averages,