U.S. Stocks Rally On Strong Jobs Data -- Market Talk
Dow Jones
Jul 04, 2025
1313 ET - U.S. stocks end the holiday-shortened week with strong gains after Labor Department data show more jobs created in June than anticipated, while the unemployment rate unexpectedly falls. Traders are still waiting for the final vote on President Trump's tax-and-spending bill, which is now expected this afternoon. S&P 500 sectors were led by technology and financials. The dollar strengthens along with bond yields as a near-term rate cut looks less likely. DJIA climbs 344 points, or 0.8%, to 44828, the S&P 500 gains 0.8% to a record 6279 and the Nasdaq rises 1% to 20601, also a new high. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
July 03, 2025 13:13 ET (17:13 GMT)
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