Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.
Retail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp"It feels like alternative stock market," Carlson added. It's an indication of speculation. You can be successful if you get in at the right moment but it's very difficult to play successfully over time."ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.
designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.The Labor Department's consumer price index report due out Thursday will provide another take on inflation amid the recovery's demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.
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