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Increase in Market Volatility in Advance of US Election

The S&P 500 closed lower by a fraction of a percent on Friday for the ninth trading session in a row, the first time that has happened in 36 years, due to a decline in crude oil, interest rate hike jitters and uncertainty around the U.S. national election. “With signs of slowing job growth and a drop in consumer confidence, the positive changes in trend we hoped for last month may have been put on hold,” Brad McMillan, chief investment officer for Commonwealth Financial Network, said....

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