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January 22, 2015

Stocks close broadly higher

NEW YORK (AP) — Another choppy day on Wall Street ended with stocks broadly higher on hopes of new stimulus measures for Europe's weak economy and a sharp rise in oil prices.

Stocks flitted between gains and losses at the open of trading Wednesday, then rose on media reports that new stimulus measures by the European Central Bank will be as large as investors anticipated. The bank is expected on Thursday to unveil a massive round of government bond buying, a program known as quantitative easing.


 
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