U.S. Stocks Advance Before Earnings Reports as GE Shares Rally

April 10, 2015 2:35 PM

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U.S. stocks rose, with the Standard & Poor’s 500 Index heading for a weekly gain, after General Electric Co. announced a broad restructuring plan and investors awaited further clues on the strength of corporate profits.

GE rallied the most in more than four years after saying it plans to exit the majority of its finance business, and it authorized a stock buyback of as much as $50 billion. Netflix Inc. climbed 2.7 percent. Citrix Systems Inc. fell 3 percent, weighing on technology group, after saying first-quarter ...

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