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U.S. Stocks Reach Another Closing High After Jobs Report Stronger Than Expected - WSJ

1. U.S. payrolls rose 147,000 in June; jobless rate at 4.1%. 2. S&P 500 hit a record close with a 0.8% increase. 3. Optimism about July's interest-rate cut decreased after strong job data. 4. Datadog's shares surged 15% as it prepares to join the S&P 500. 5. Markets optimistic about earnings season, focusing on big tech companies.

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FAQ

Why Very Bullish?

Datadog's 15% share increase reflects strong market sentiment. Joining S&P 500 boosts visibility.

How important is it?

The article highlights significant movements and expectations around Datadog's stock, which is critical for investors.

Why Short Term?

Immediate impact from joining S&P 500 and rising tech sector sentiment can influence price.

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