Stock Market Today: Records Crumble as Wall Street Cheers Jobs Report

The Dow finally rejoined the S&P 500 and Nasdaq in setting record territory after Friday's June jobs report triggered a broad rally.

A climber gets to the mountaintop.
(Image credit: Getty Images)

Better-than-expected employment news was Wall Street's central focus Friday, and the driving force behind new record highs in all three of the major stock indexes.

The Labor Department reported that the U.S. added 850,000 nonfarm payrolls in June, well above the consensus economist expectation of 720,000.

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Kyle Woodley was long SPCE as of this writing.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.