US stocks held near all-time highs on Friday as investors weighed the June jobs report, which will play into Federal Reserve rate cut calculations. The S&P 500 (^GSPC) slipped just below the flatline on the heels of the report after notching a record close in a shortened session on Wednesday. The Dow Jones Industrial Average (^DJI) fell 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) gained 0.3%. All three gauges were shuttered on Thursday for the Fourth of July holiday. The US economy added 206,000 jobs in June, more than the 190,000 expected on Wall Street. But the unemployment rate unexpectedly rose slightly to 4.1%, its highest level since November 2021, in another signal the jobs market continues to cool. Signs of looser conditions in labor data earlier this week bolstered the
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