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Tag: Trade Deficit
Unify Financial Advisors Weekly Market Update
Stocks climbed during the shortened holiday week, with the S&P 500 rising 1.72% to hit a record high. Tech shares led the rally, supported by easing trade restrictions in AI chip manufacturing and upbeat labor data.
June’s payroll report showed 147,000 jobs were added, exceeding expectations, while the unemployment rate ticked down to 4.1%. Wages increased 0.2% for the month and 3.7% year-over-year. Meanwhile, JOLTS reported that ...
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