Stock Market Today: Wall Street Hits 2023 High as It Mulls Whether Economy Is Too Warm or Just Right

Stock Market Today: Wall Street Hits 2023 High as It Mulls Whether Economy Is Too Warm or Just Right
Traders work on the floor at the New York Stock Exchange in New York on July 1, 2022. Seth Wenig/AP Photo
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NEW YORK—Wall Street climbed back to its best level in 20 months on Friday following a stronger-than-expected report on the U.S. job market.

The S&P 500 rose 0.4 percent, enough to clinch a sixth straight winning week for the index, which is its longest such streak in four years. Wall Street’s main measure of health is now just 4 percent below its record set at the start of last year.