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The market's 9.4 percent return in six months makes it easy to forget the sell-off from the Iran conflict and the rally that followed.
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ADP said U.S. businesses 98,000 new jobs in June — the smallest increase in three months. The payroll processor said hiring was slow but demand for labor was improving.
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Small-cap stocks are coming off a historic run. On Tuesday, they clinched their best performance during the first six months of a year since 1991.
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