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The Santa Claus rally showed no signs of stopping today, as stocks moved higher for the fourth straight session. On the day, the Dow Jones Industrial Average rose 155 points; the NASDAQ turned 16 points higher; and the S&P 500 added eight points. Large-cap tech stocks led the way.
The nation added 288,000 jobs in June, with non-farm payrolls strengthening much more than had been anticipated. The consensus expectation for the month had been for job growth of about 215,000.