New York CNN —
Stocks, bond yields and the dollar gained on Thursday after a strong jobs report soothed nerves about how the economy is faring during the early stages of President Donald Trump’s tariff campaign.
After a shortened trading day in advance of Friday’s July Fourth holiday, the Dow closed higher by 344 points, or 0.77%. The broader S&P 500 rose 0.83% and the tech-heavy Nasdaq Composite gained 1.02%.
The S&P 500 and Nasdaq closed at fresh record highs. The Dow closed just 186 points away from hitting an all-time high.
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