Skip to content

Meme-Stock Ruckus Barely Moves a Market Waiting on Jobs Data

  • S&P 500 Index registers six straight days of 0.25% moves
  • VIX was near record low last time a streak this long occurred
Updated on

That clatter you hear in the market is confined to the world of meme stocks. Elsewhere, equities are in a pre-summer doldrums awaiting Friday’s May jobs report.

The daily mayhem in AMC Entertainment Holdings Inc. hides how placidly large-cap equity markets have traded, with the S&P 500 Index barely awake.