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Rally Goes On, Modestly

Cisco provides some good news, though investors not totally cheered

By Nick McMaster,  Newser Staff

Posted Aug 6, 2008 3:42 PM CDT

(Newser) – Oil prices continued to fall, spurring modest gains for the markets today, but Freddie Mac’s enormous second-quarter loss signified that the housing and credit crises are not over yet, the Wall Street Journal reports. The Dow rose 40.30 to close at 11,656....   Read full story »

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