S&P 500 nears bull market, jobless claims jump, GameStop fires CEO and Ryan Cohen takes over, Carvana recovers and SCOTUS on student loans. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
GameStop shares slumped after it fired CEO Matt Furlong and replaced him with Ryan Cohen, the largest individual shareholder and founder of ChewyJobless claims ticked higher in a sign the Federal Reserve's rate hiking is cooling the economyGet Top Fox Business Reporting
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GameStop fires CEO, elects Ryan Cohen as executive chairman; stock plungesGameStop fired CEO Matthew Furlong on Wednesday and said that its board had elected activist investor Ryan Cohen as its executive chairman, effective immediately.
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BMO raises S&P 500 outlook, says 'all the doom and gloom' has yet to happenThe stock market's strength in 2023 is giving BMO Capital Markets reason to turn more bullish.
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