Stocks rise as US manufacturing strengthens

By Washington Examiner

Published February 20, 2014 9:13pm ET

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Stocks rise as US manufacturing strengthens — FILE - In this Wednesday, Feb. 19, 2014, file photo, trader Dudley Devine uses his mobile phone as he works on the floor of the New York Stock Exchange. A contraction in Chinese manufacturing and the possibility of higher U.S. interest rates dragged global stock markets lower Thursday Feb. 20, 2014. (AP Photo/Richard Drew) | Richard Drew

NEW YORK (AP) — Stocks are closing higher after news that manufacturing in the U.S. is expanding at a rapid clip.

A private survey showed that manufacturing grew at the fastest pace in almost four years in February.

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