UK Markets closed

Market indices clinch gains at the close, meme stocks jump

Yahoo Finance's Jared Blikre looks at how markets closed on Thursday, with meme stocks and financials leading the way.

Video transcript

SEANA SMITH: Just about 90 seconds here until the closing bell. Yahoo Finance's Jared Blikre has a closer look at some of these movers here as we narrowly hold on to those gains.

JARED BLIKRE: Narrowly, narrowly. I'll tell you what, though. Let's take a look at a three-day price action. The Dow is up about half a percent right now. So is the S&P 500. Over the last three days, we are adding 1.38%. You can see we are right by session highs from earlier. And then in the NASDAQ, we are also in a similar situation, off a little bit less today, off a little bit more from those highs. And finally, the Russell 2000 up 3/4 of a percent. And it is at session highs, up about 2% for the week. Notable because it has been beaten down the most lately recently.

And now here's the sector action for today. We got financials, healthcare, materials, and consumer discretionary. All of those are outperforming a little towards some of those value names, but also noting that consumer discretionary houses a lot of retail names. You look inside here, we did have a little bit of a more bullish picture earlier on. We were talking about Regeneron earlier. That's up 18%. But some of the other standouts, AMD, that's up over 3 and 1/2%. That stock has been beaten down, along with some of the semiconductors. NVIDIA bouncing back nicely today.

And we take a look at some of the leaders. Guess what? Meme stocks followed by biotech, then ARKK components. All of those are leading. So haven't checked out the meme board in a while. Let's take a look at that. You can see Coinbase down in the lower left. That is up 7%. Hertz, that is up nearly 4%. GameStop up 7% after its earnings. There's a chart for you, as we head into the closing bell.