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The markets were down today on news of poor sales of homes

The markets were down today on news of poor sales of homes. Existing home sales fell again and unsold homes were at a 23 year high. JP Morgan Chase is announcing layoffs, and oil is under constant watch. The Dow Jones Industrial Average was down 108 points down .86 percent for the day with 4 hours of trading left for the day. The Nasdaq was down 20 points down .84 percent for the day with four hours of trading left.

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