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The Business Insider: The Money Game Nasdaq closes at record as traders cheer strong jobs report
  • US equities rose on Thursday after June's jobs report trounced estimates and lifted hopes for a swift economic recovery.
  • The tech-heavy Nasdaq Composite index closed at a record high.
  • American businesses added 4.8 million payrolls last month, according to the Bureau of Labor Statistics, handily beating expectations of a 3 million payroll increase.
  • The unemployment rate fell to 11.1%, below the anticipated reading of 12.5%.
  • Tesla surged to a record high after delivering more vehicles than expected in the second quarter.
  • Oil prices climbed, with West Texas Intermediate crude gaining as much as 2.3%, to $40.74 per barrel.
  • Watch major indexes update live here.

  • S&P 500: 3,130.02, up 0.5%
  • Dow Jones industrial average: 25,827.42, up 0.4% (92 points)
  • Nasdaq composite: 10,207.63, up 0.5%

Full "The Business Insider: The Money Game" article

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