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Dow up 40 as crude falls below $119

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08-06-2008, 07:14 PM

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Dow up 40 as crude falls below $119

Investors cheer another oil price drop, and the market shrugs off a larger-than-expected loss for Freddie Mac. Cisco Systems powers a tech rally. And a UBS analyst says Microsoft may buy back up to $20 billion in stock.

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