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  • Wall Street’s Weird Friday: Terrible Jobs Report Sends Nasdaq Soaring

    Wall Street’s Weird Friday: Terrible Jobs Report Sends Nasdaq Soaring

    America added just 29,000 jobs in September. Economists had expected 84,000. The unemployment rate ticked up to 4.2 percent. And Wall Street responded by throwing a party. The Nasdaq Composite jumped 1.2 percent on Friday to close near 27,190, its second-highest finish on record. The S&P 500 rose 0.7 percent to 7,719. Even the Dow,…