U.S. Daily Market Review

The S&P-500 jumped today following a weaker session.The Dow Jones Industrial Average gained 254 points, or 0.6%.

The Nasdaq Composite fell 0.1%.Shares of Coinbase tumbled around 2% this morning after a judge ruled the Securities and Exchange Commission has pleaded that the crypto services company operates as an exchange under federal securities law.

Trump Media & Technology Group (DJT) rallied a whole 14% today in its second day of trading on the Nasdaq.

In fact, the parent company of Donald Trump’s social media platform Truth Social surged 16% in its first official trading day on Tuesday.

GameStop shares retreated around 14% after the video retailer announced a large loss in fourth-quarter revenue from the year-ago period.

Moreover, in its fourth quarter, the company posted revenue of $1.79 billion, less than the $2.23 billion it reported in the same quarter the previous year.

Merck shares added around 4% in the premarket after the Food and Drug Administration approved yesterday  the use of Winrevair, a drug aimed at treating adults patients.