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Dow jumps 277 as oil falls, Wells Fargo delights

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07-16-2008, 08:47 PM

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Dow jumps 277 as oil falls, Wells Fargo delights

The market has its best day since April as Wells Fargo raises its dividend and sets off a huge rally in financial stocks. Oil prices tumble again. EBay's earnings guidance disappoints Wall Street. Consumer prices show a big jump in June.

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