Wall Street choppy after robust jobs data

The strong jobs data indicated that economic growth was gaining traction after coming to a standstill in the first quarter, but Wall Street took a dim view as a rate hike could increase the cost of borrowing. Traders are now betting the Fed will start raising interest rates as soon as October, and will make a second increase early next year. "The market is addicted to the Fed's liquidity, and this certainly puts more ammunition in the Fed's plan to start lift-off in September,&quo