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Wall Street kicks off October with modest gains

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NEW YORK (Reuters) – Wall Street started a new quarter with a modest rally on Monday, lifted by a surprising expansion in U. S. manufacturing in September. After rising more than 1 percent by midday, the major U. S. stock indexes came off their highs, with the Nasdaq the hardest-hit. Market participants said Wall Street has shown signs of fatigue as stocks closed a strong third quarter on Friday. "We are at a level where the market is due for a correction. . . .

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