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Datadog will replace Juniper Networks, which combined with Hewlett Packard Enterprise in a merger. On the losing side of Wall Street were companies that can feel pain from interest rates staying high.
Dow Jones index rose Thursday after a surprisingly strong June jobs report. Nvidia stock and Palantir rallied.
U.S. stocks hit new highs as strong jobs data boosts confidence in the economy, pushing back expectations for a Fed interest rate cut in July.