Business
U.S. Stocks Mixed as June Jobs Data Cools Rate-Hike Concerns
U.S. stocks were mixed Thursday to end the holiday shortened week after June hiring data came in well below expectations and prompted investors to dial back bets on a Federal Reserve interest-rate increase this month.
The Dow Jones Industrial Average rose 594.83 points, or 1.14%, to 52900.07. The S&P 500 was little changed at 7483.24, while the Nasdaq Composite dropped 207.36 points, or 0.80%, to 25832.67. According to preliminary data, there were 1667 advancing issues and 1057 declining issues on the NYSE.
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