Fed Pause, AI Stocks Fall, LaCroix Soars | Anchorage News

Stocks had a mixed day as the Dow hit a new high while the Nasdaq slid on AI chip company declines, and the S&P barely moved. A weaker-than-expected jobs report and falling oil prices have boosted hopes the Fed may pause rate hikes—now seen as an 82% likelihood—potentially fueling a market rally. Meanwhile, AI stocks like Nvidia and Micron took hits amid profit concerns, but other winners emerged: National Beverage soared on a special dividend, Dollar Tree rose on a buyback plan, and crypto stocks gained as Bitcoin climbed. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/00b9e252db3f4d04