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Mixed, tentative action preceded the release of June's jobs report as investors were prepared for more disappointing numbers like they saw in May's jobs report. Stocks sparked Friday after the report exceeded expectations with an addition of 287,000 jobs, the strongest month of hiring since last October. The rally put stocks above their record closing price intraday while closing just one point below it.

Bonds rallied too, reaching new highs and giving the F-fund an increase of 0.59% ...