Global Market Round Up || Why Are US Stocks Were Down But FTSE 100 Traded Above 7,100 Level?

The S&P 500 was up 0.14% to 4,208.12. The Dow Jones rose 0.07% to 34,600.38. The NASDAQ Composite Index gained 0.14% to 13,756.33. Small-cap Russell 2000 was up 0.13% to 2,297.83.

• Shares of AMC Entertainment Corp. (AMC) skyrocketed more than 97% at 2:36 pm ET, while the GameStop Corp. (GME) jumped around 11% at 2:44 pm ET. AMC Entertainment Corp. (AMC) stock had gained around 473% and GameStop Corp. (GME) stock had gained around 1,430% over the past one year and six months.

• Shares of Facebook and Google’s parent company Alphabet were trading low on Wednesday. Other technology stocks Nokia Corp gained 5.20%, Palantir Technologies Inc. gained 5.90%,, and Nvidia Corp., gained 2.81%. But shares of electric car Tesla Inc. declined 3.25%.

• In the crypto world, Dogecoin was up around 25% after the digital currency exchange Coinbase allowed users to trade in dogecoin. The crypto coin gained about 5100% YTD.

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