Wall Street Stagnates, Dollar General and Hormel Surge Amid Concerns Over AI and Interest Rates

The S&P 500 slipped 0.1%, but remains only 0.7% below its all-time high, following weeks of sharp swings. Dollar General rallied 8.8% after reporting a stronger profit than expected, while Hormel climbed 3.9% due to strength in its Planters nuts and Jennie-O turkey offerings. Salesforce's stock drifted between modest gains and losses despite delivering a better profit than expected. Concerns about the Federal Reserve's interest rate decision and potential overinvestment in AI weighed on the market.