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-6.80225834977641E-05 -0.00226741944992399 -0.00233544203342176 0.00219939686642623 -6.80225834977641E-05 -0.00460286148334575 -0.00346915175838375 -0.0159399587329659
Stock impact report

Wall Street Jumps Back To Record Highs, Dow Hits 40,000 As Inflation Fears Recede, Meme Stock Frenzy Returns: This Week In The Market [Yahoo! Finance]

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Yahoo! Finance
This surge was buoyed by inflation data that was broadly in line with expectations, easing concerns from the first quarter about resuming price pressures and bolstering investor expectations for potential interest rate cuts. In April, the Consumer Price Index (CPI) increased by 3.4% compared to the same month last year, down slightly from March's 3.5% annual rate and matching estimates The Dow Jones Industrial Average reached the 40,000 mark on Thursday, pushing its bull market rally to nearly a 25% surge since October. Among sectors, semiconductors, as tracked by the iShares Semiconductor ETF (NYSE: SOXX ), continued to outperform, as sentiment toward AI-driven growth remains elevated. Meme Stocks On Rollercoaster A key market theme during the week was the resurgence of meme-related stocks. Shares of AMC Entertainment Holdings Inc (NYSE: AMC ) and GameStop Corp. (NYSE: GME ) skyrocketed on Monday and Tuesday as social media influencer Keith Gill, known for sparking the 2021 Show less Read more
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