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Thursday, July 16, 2015

US stocks rise as eBay, Citi, others report strong earnings

NEW YORK (AP) — Stocks are rising broadly in early trading Thursday after several big companies reported better-than-expected earnings. Citigroup, Intel, Netflix and eBay all beat analysts' forecasts. The rise in the U.S. stocks follows a rally in European markets on news that Greece's parliament approved pension reforms and other measures demanded by its creditors. Greek banks will get a fresh injection of cash so they can reopen.


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