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Wall Street got back to work in a fairly good mood today after the weekend. Stocks closed broadly higher as a result, although that was tough to see in the widely watched Dow Jones Industrial Average, where a sharp drop in the shares of IBM held back the performance of the venerable 30-stock index.
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.