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Jobs Report Sends Stocks to Record Highs, Trump "One Big Beautiful Bill" Vote, Chip Designers and China 7/3/25

Squawk on the Street

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Intro

This chapter explores the stock market's response to a positive jobs report, including rising non-farm payrolls and a declining unemployment rate. The discussion also covers President Trump's legislative votes and the implications of easing trade tensions, with a focus on the chip design industry and the Federal Reserve's influence on economic expectations.

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