
US stocks rally on strong jobs data; S&P 500 at highest since Feb.
Procter & Gamble to cut 7,000 jobs, exit brands Procter & Gamble will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by U.S. tariffs. U.S. stocks closed higher, with the broad S&P 500 piercing the 6,000 level for the first time…