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Wall Street Ends Week At Record Highs As Jobs Data Surprises - Ford Motor (NYSE:F), General Motors (NYSE:GM)

  • On July 4, 2025, President Donald Trump will sign a major spending and tax bill into law in Washington, D.C., marking a legislative milestone.
  • The bill's passage followed narrow votes in the Senate on July 1 and the House on July 3, amid economic resilience and tariff uncertainties.
  • Strong June labor data showed 147,000 payroll job gains and a 4.1% unemployment rate, boosting markets that reached multiple all-time highs last week.
  • The S&P 500 rose 51.93 points to 6,279.35, while Dow Jones added 344.11 points and Nasdaq climbed 207.97, with Datadog rallying 14.9% after joining S&P 500.
  • Market optimism faces mixed pressures as Fed Chair Jerome Powell delays decisions on rate cuts pending tariff impacts, while trade deals and earnings gains suggest cautious growth.
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Arizona Daily Sun broke the news in on Thursday, July 3, 2025.
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