Strong jobs data set to boost Wall Street

Data showed that 287,000 jobs were added in the public and private sectors in June, compared with the 175,000 expected by economists. The data confirms the sentiment that the dismal May report was an aberration and not indicative of weakness in the labor market. It shows the U.S. economy was on pretty firm footing going into the Brexit vote," said Brian Jacobsen, chief portfolio strategist, Wells Fargo Funds Management, Menomonee Falls, Wisconsin.