IBM’s outlook lifts Dow, Nasdaq amid tech rally
NEW YORK (Reuters) – Stocks edged higher on Wednesday as IBM and other tech companies continued a trend of results that beat Wall Street’s expectations and propelled the market to a five-day advance. Internet search company Google Inc added to the advance, rising 5. 1 percent to $738. 65 a day after Google reported its core business outpaced expectations. Revenue was also higher than expected. International Business Machines Corp late Tuesday forecast better-than-anticipated 2013 results and also posted fourth-quarter earnings and revenue that beat expectations. . . .
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