Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

The Dow Hits a Record as Most of Wall Street Rises, but Slumping AI Stocks Keep Indexes Mixed

Weak hiring data lifted bets that the Federal Reserve will hold rates steady, even as chip stocks dragged the Nasdaq lower.

  • The Dow Jones Industrial Average rallied to a record on Thursday, though the Nasdaq composite fell 0.8% as losses in artificial-intelligence chip companies kept indexes mixed.
  • U.S. employers added 57,000 jobs to their payrolls last month, missing the 100,000 economists expected and marking a slowdown from May's hiring pace.
  • Traders now see an 82% chance that the Federal Reserve and new chairman Kevin Warsh will not raise interest rates at their next meeting later this month, per CME Group data.
  • Dollar Tree rose 2.4% after approving a $2.5 billion buyback program, while National Beverage climbed 7.5% and crypto stocks Robinhood Markets and Coinbase Global gained as Bitcoin prices rose roughly 2%.
  • With Brent crude prices falling below pre-war levels, the Federal Reserve may feel less pressure to hike interest rates multiple times this year if inflation slows in upcoming months.
Insights by Ground AI

58 Articles

Associated Press NewsAssociated Press News
+16 Reposted by 16 other sources
Lean Left

World shares rally after Dow hits a record, as some AI shares bounce back

Shares have advanced in Europe and Asia after the Dow Jones Industrial Average set another record, as some key AI related stocks rose while others extended losses.

·New York, United States
Read Full Article
Lean Right

Wall Street closed this Thursday in mixed ground, with a record in the Industrial Dow Jones but a new downfall in the Nasdaq, index with a large technological component that was dragged back by the shares of chip manufacturers.The Nasdaq dropped 0.80 percent, in the 25 thousand 832.67 integers, the S&P 500 remained unchanged at 7 thousand 483.24 units, while the Dow Jones rose 1.14 percent, to 52 thousand 900.07 points.The bags will not open tom…

·Mexico
Read Full Article
Lean Right

The New York Stock Exchange closed session this Thursday, mixed only with Dow Jones on positive ground. Thus, Dow Jones added 1.14% to 52.899.24 points, the S&P 500 lost 0.06% to 7.478.66 points, and the technology Nasdaq yielded 0.80% to 25.832.67 points. Wall Street presented a mixed performance on Thursday, with Dow Jones reaching new historical records, while technology shares remained under pressure. This occurred after the release of the J…

·Portugal
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
4th of July SaleGet 40% off Vantage subscriptions for yourself or a friend.Get Started

Bias Distribution

  • 49% of the sources are Center
49% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

KSAT 12 broke the news in San Antonio, United States on Thursday, July 2, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal