Wall Street gains on mixed earnings

United States stocks close higher as corporate earnings, data offer mixed economic outlook; Facebook shares surge.

United States stocks overcame mostly negative early trading to close modestly higher despite a slew of corporate earnings and US economic data failing to provide a clear outlook.

Only the Nasdaq, cheered by upbeat earnings reports by Apple and Facebook, had managed to spend the bulk of the session in positive territory before being joined by the Dow and S&P.


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