Mercadolibre Inc. (MELI) reported third quarter EPS of $0.25 after the close Wednesday, compared to the $0.14 reported last year. Mercadolibre Inc. gapped open higher Thursday and climbed until around mid-morning. Shares finished up by $5.55 at $43.91 on above average volume. The stock broke out past resistance and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.