The Dow rose more than 1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The S&P 500 ended flat on the day. The Dow recorded a fourth straight week of gains, its longest such streak since October 2024. The U.S. market will be closed on Friday in observance of the U.S. Independence Day holiday. The U.S. nonfarm…
