Jobs data, Nvidia stock split, GameStop: 3 Things

The Bureau of Labor Statistics reports that 272,000 nonfarm jobs have been added to the US economy. US equities (^GSPC, ^DJI, ^IXIC) have begun to slide in the wake of the report.

Shares of GameStop (GME) are under pressure, sliding almost 20% in premarket trading after the company filed to sell up to 75 million class A shares.

Nvidia (NVDA) shares will undergo a 10-for-1 stock split, lowering the price of individual shares after the closing bell. The lower-priced shares will be available on Monday, June 10.

Yahoo Finance reporters Josh Schafer, Jared Blikre, Madison Mills break down the three things investors need to know for June 7.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Nicholas Jacobino

Video Transcript

The three things that you need to know your road map for the trading day.

Yahoo Finance is Josh Shafer Madison Mills and Jared Booker.

You have more investors are digesting the latest read on the labor market.

The US economy adding 272,000 more jobs in May increasing significantly from April while the unemployment rate ticked higher to 4%.

The Bureau of Labor Statistics reported on Friday, economists had been expecting 185,000 jobs to be added.

The data signaling that the hot labor market remains resilient and shares of gamestop whip on this morning after the company announcing earnings earlier than expected that stock moving to the downside here down almost 20% in the free market trade.

The company finally to sell up to 75 million class a shares.

Their shares again on a terror earlier this week up as much as 37% after you to the believed to be tied to keep Hill, also known as Roaring Kitty posted a live stream scheduled for today at noon, Eastern Plus Invidia shares are about to become more affordable.

The tech giant will complete its highly anticipated 10 for one stock split where investors will receive nine additional shares for each share.

After the closing bill, the stock would be in trading at the split adjusted price on Monday, June 10.