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The markets responded today to a drop in oil prices and the Olympics despite losses by Fannie Mae

The markets responded today to a drop in oil prices and the Olympics despite losses by Fannie Mae. The Dow Jones Industrial Average was up 300 points up 2.65 percent for the day with 1 hour of trading left. The Nasdaq was up 54 points up 2.3 percent with 1 hour left in trading for the day.

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