From StockStory: 2025-06-06 16:44:00

Stocks jumped as major indices rebounded after resilient labor market report revealed non-farm payrolls rose by 139,000 in May 2025, above forecast. Stable labor market supports economic growth and eases recession fears. DraftKings (DKNG) shares impacted, down 1.4% YTD, trading 33.1% below 52-week high. Stock previously dropped 7% due to new legislation in Illinois increasing taxes on online sports betting operators. Investors who bought 5 years ago would see 5.8% loss. Generative AI expected to impact large corporations. Consider lesser-known semiconductor stock benefiting from AI rise.



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