Stocks shrug off hot jobs report, GameStop sinks, Nvidia stock split on tap: Yahoo Finance

Stocks are little changed (^DJI,^GSPC, ^IXIC) despite the hotter-than-expected May jobs report. The US added 272,000 jobs last month, far more than the 180,000 economists had been expecting. The unemployment rate ticked higher to 4.0% from 3.9%. One of the biggest movers on Wall Street is GameStop (GME). Shares are sinking after the company announced it would sell an additional 75 million shares and issued disappointing Q1 results. A livestream from GameStop bull “Roaring Kitty” was unable to turn the stock’s performance around. It’s a big day for Nvidia (NVDA). The stock will be cheaper for investors once the company initiates a 10-for-1 stock split after the market close. Trending tickers on Yahoo Finance include AMC Entertainment (AMC), Geron (GERN), and DocuSign. (DOCU)

Top guests today include:
3:00 p.m. ET – Noor Al, r/WallStreetBets Moderator
3:35 p.m. ET – Brett Ryan, Deutsche Bank Securities Senior U.S. Economist
4:00 p.m. ET – Steven Wieting, Citi Chief Investment Strategist and Chief Economist
4:15 p.m. ET – David Risher, Lyft CEO
4:30 p.m. ET – Paul Hickey, Bespoke Investment Group Co-Founder