US stocks drift higher as earnings news comes in mixed

April 22, 2015 4:03 PM

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U.S. stocks drifted slightly higher in midday trading Tuesday as investors looked over the latest company earnings reports. Chipotle Mexican Grill sank after the company said a shortage of pork hurt results, while McDonald's rose after turning in better earnings than Wall Street expected.

In Japan, the benchmark Nikkei 225 index closed above 20,000 for the first time in 15 years.

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