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July 17, 2014

Dow hits new high

By ALEX VEIGA
AP Business Writer

Major stock indexes rebounded Wednesday, finishing higher for the third time in four days and lifting the Dow Jones industrial average to its second record close this month.

Investors had lots of market-moving news to consider, including encouraging corporate earnings from Intel, a higher profit forecast from hospital operator HCA Holdings and a pickup in U.S. homebuilders' confidence about the housing market.


 
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