NFLX May 2024 390.000 put

Market drivers, GameStop, China's property push: Catalysts

Markets (^DJI, ^IXIC, ^GSPC) hope to solidify gains seen during this trading week and close above recent milestones: the Dow Jones Industrial Average is in a back-and-fourth bout to stay above 40,000 as the S&P 500 teeters above the 5,300 mark. BMO Capital Markets Chief Investment Strategist Brian Belski joins Catalysts Anchors Seana Smith and Madison Mills to lay out what circumstances could propel the S&P 500 above 5,600 points. As GameStop (GME) shares tank and meme stock sentiments pull back at the end of this week, Wedbush Equity Research Managing Director Michael Pachter touches on the biggest competition and headwinds for the video game retailer going forward. The Chinese government has a new strategy to revitalize its drooping property and real estate sector. Yahoo Finance's Catalysts also cover other top stocks like Tesla (TSLA), Boeing (BA) as its annual shareholders meeting is underway, Applied Materials' earnings (AMAT), and Netflix's (NFLX) streaming deal with the NFL. This post was written by Luke Carberry Mogan.