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Stocks were up Monday but slowly sold-off through mid-week as traders anticipated the release of the August jobs report Friday. The report was thought to give traders an idea of whether the Fed would raise interest rates or not in the next FOMC meeting. The consensus estimates were an addition of 185,000 jobs and an unemployment rate of 4.8%. The actual report came out with an addition of 151,000 jobs and an unemployment rate of 4.9%.

With the jobs report under the expected values, ...