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It was a tale of two cities for Wall Street this October, a month that has historically been a volatile one for investors, but often a good one. And on that account, the last four weeks of trading did not disappoint those expecting such volatility.
The nation added 288,000 jobs in June, with non-farm payrolls strengthening much more than had been anticipated. The consensus expectation for the month had been for job growth of about 215,000.