U.S. stocks made small gains in the second trading session of a holiday-shortened week. The Dow, Nasdaq, and S&P 500 all added just 0.1% on the day. The Russell 2K also added just 0.1% as the market continued along its sideways trend.
The Return of Meme Stocks
Meme stocks have been making sharp gains over the past week. AMC Entertainment is up another 14% in today's premarket after rallying all week. Blackberry is also rallying with a 31.9% gain.
Trust in Doge
Doge coin rebounded to 44-cents per on rumors that the coin will soon debut for trading on CoinBase. The crypto has struggled during the recent crypto rout, but the market is showing signs of stabilizing.