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July 8, 2008

Stocks rise uneasily after Bernanke talk; oil down

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Dow reverses course, finishes flat

Stocks drifted in negative territory for most of the session Wednesday on new housing and subprime woes, before paring some of their losses late in the session on speculation that the Federal Reserve may take additional action.

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COMMENTARY: CHUCK JAFFE

Knowing why you should sell a fund is every bit as important as knowing what to buy. The speaker was ripping mutual funds, part of a spiel that he hoped would sell a stock-trading investment-education program.

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Matsui Securities Launches Cell Phones for Stock Trading

Tokyo, Mar 4, 2008 (Jiji Press) - Japanese online stockbroker Matsui Securities Co. has launched mobile phone handsets embedded with stock trading software in order to meet growing investor demand.

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