Business

US stocks close higher; Time Warner soars

By Washington Examiner
Published July 16, 2014 8:13pm ET
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US stocks close higher; Time Warner soars
FILE - This March 4, 2013 file photo shows a sign for Wall Street on the side of building near the New York Stock Exchange, in New York. European stocks advanced Wednesday July 16, 2014 after China's economic growth picked up slightly in the second quarter but Asian markets were lukewarm about the data that largely fitted expectations. (AP Photo/Mark Lennihan, File) | Mark Lennihan

NEW YORK (AP) — Stocks are closing higher following strong earnings results and deal news from big U.S. companies.

The gains pushed the Dow Jones industrial average to its second record high close this month.

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