Market Snapshot: U.S. stocks notch weekly gains on robust jobs data, tech rebound

U.S. stock indexes advanced Friday to close out the first week of July higher after an employment report showed the U.S. added 222,000 jobs in June, representing the second-largest job haul of the year and underscoring that the labor market remains healthy.

The Labor Department said unemployment ticked up to 4.4% from 4.3%. Economists polled by MarketWatch had forecast a rise of 180,000 and unemployment to hold at 4.3%.

A strong rebound in beleaguered tech stocks also helped major benchmarks to secure a foothold in positive territory.

The Dow Jones Industrial Average DJIA, +0.44% climbed 94.30 points, or 0.4%, to close at 21,414.34, finishing the week 0.3% higher.

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