Jobs Report Sends Stocks to Record Highs, Trump "One Big Beautiful Bill" Vote, Chip Designers and China 7/3/25

David Faber and Jim Cramer wrapped up a holiday-shortened trading week with reaction to the stronger-than-expected June jobs report that propelled the S&P 500 and Nasdaq to new all-time highs. President Trump's "One Big Beautiful Bill" set up for a final passage vote in the House of Representatives. The anchors discussed what the legislation could mean for investors. Also in focus: Three stocks at the center of the U.S. decision to lift export restrictions on chip design software to China, OpenAI reportedly agrees to a $30 billion data center deal with Oracle. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.