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June Jobs Lift U.S. Stock ETFs, But COVID-19 Resurgence Still Hurts

U.S. markets and stock exchange traded funds jumped Thursday after a better-than-expected June employment increase, but a resurgence in coronavirus cases added to fears of weakness for the jobs market ahead and muted the gains. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 1.2%, SPDR Dow...
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