CNBC Daily Open: GameStop can't stop, Dow drops

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Weak data dents Dow
The Dow Jones Industrial Average dropped more than 100 points after weak manufacturing data raised concerns about the strength of the U.S. economy. However, the S&P 500 edged higher by 0.11%, while the Nasdaq Composite gained 0.56%. Nvidia jumped almost 5% after introducing new artificial intelligence chips. The yield on the 10-year Treasury fell on weaker-than-expected ISM manufacturing data, which came in at 48.7 in May. A reading below 50 is indicative of a contraction. Oil prices fell more than 3% as OPEC+ plans to phase out voluntary production cuts. 

India stocks sink as election vote counting starts
India's Nifty and BSE Sensex fell sharply as the world's most populous country began counting votes, with early leads showing a closer than expected race. Both indexes shot to record highs on Monday after Prime Minister Narendra Modi was projected to win a rare third term by exit polls over the weekend. Elsewhere, South Korea's Kospi, Japan's Nikkei 225, Australia's S&P/ASX 200 were all trading lower. Hong Kong's Hang Seng inched higher and Mainland China's CSI 300 index rose 0.39%.

GameStop can't stop
Shares of GameStop closed 21% higher after jumping more than 70%, as meme stock leader Keith Gill appeared to hold on to a massive position in the video game retailer. The Wall Street Journal reported that E-Trade was considering banning Gill from its platform over concerns of potential market manipulation. Gill, who goes by "DeepF-----Value" on Reddit and "Roaring Kitty" on