Market fluctuates as investors react to economic data and GameStop shakeup.

Stocks inched higher as investors weighed fresh economic data ahead of next week's Federal Reserve meeting and a leadership shakeup at GameStop. The S&P 500 rose 0.38%, while the Nasdaq Composite popped nearly 1% and the Dow Jones Industrial Average pushed up 0.19%. GameStop reported first-quarter earnings and announced the firing of CEO Matthew Furlong as part of the release. Shares of the company fell nearly 20% at the market open on Thursday. Meanwhile, shares of Carvana soared on Thursday as the company announced an improved second quarter outlook. On the economic front, new data from the Department of Labor showed 261,000 jobless claims were filed in the week ending June 3.