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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Close Lower After June Jobs Report

stock market bar chart showing up and down price action

Stocks struggled to find direction after this morning's release of the June jobs report, which gave a mixed picture on the labor market. 

While jobs growth was the smallest since December 2020, steady wage growth and a historically low unemployment rate opens the door to another rate hike at the next Fed meeting.  

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