Market hesitates amid economic data and GameStop shakeup.

Stock markets remained flat as investors analyzed economic data ahead of the Federal Reserve meeting and GameStop's leadership shakeup. GameStop reported worse-than-expected Q1 earnings and fired CEO Matthew Furlong, causing shares to fall nearly 20%. Carvana's stock soared after announcing an improved Q2 outlook. The Department of Labor reported an increase in jobless claims, which could impact the Fed's decision on interest rates at next week's meeting. Markets are currently pricing in a 65% chance of a pause in the Fed's interest rate hiking campaign.