Gamestop shares fall along with AMC as Reddit army retreats

A glance at my screens this morning revealed another welcome sea of green for the major share market indexes in Europe and the United States.

In the US, the Dow Jones Industrial Average (DJX: .DJI) led the charge higher closing up 1.57%. That was just enough to edge out the 1.56% gains of the tech-heavy Nasdaq Composite (NASDAQ: .IXIC).

Australia’s share markets are following their overseas peers’ lead, enjoying another positive day. The S&P/ASX 200 Index (ASX: XJO) is up 1.1% in afternoon trading, bringing this week’s gains to 3.6% so far.

Stimulus versus coronavirus

In the ongoing battle between coronavirus and massive government stimulus packages, stimulus appears to be in the driver’s seat, boosting investor…