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July 29, 2015

Stocks up on strong earnings

NEW YORK (AP) — Global stocks steadied and U.S. markets marched higher Tuesday, as investors were encouraged by strong results from UPS, Ford and other big companies.

The recovery comes after five straight days of losses for U.S. indexes. It’s not uncommon for stocks to reverse course after several days in one direction, and investors say the market is still lacking the foundation for an extended rally.


 
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