GameStop completed the share offering it launched in the wake of a stock rally, saying it sold the maximum number of shares it had registered for $933.4 million in proceeds.
Stocks in Asia and Europe rose, alongside U.S. index futures, kicking off a week that includes the release of a closely watched U.S. inflation gauge. U.S. markets were closed for the Memorial Day holiday.
Biden heard calls from anxious Democrats to express more empathy over inflation and prices, as voters continue to reject the president’s positive rhetoric on the economy.
The Biden administration pressed European allies to back off plans to rebuke Iran for advances in its nuclear program, even as Tehran expands its stockpile of near-weapons-grade fissile material, diplomats involved in talks said.
Severe storms with tornadoes tore across states including Texas, Oklahoma, Arkansas and Kentucky over the holiday weekend, killing at least 20 people and injuring dozens more.
