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Stocks close higher as more earnings roll in

Stocks close higher as more earnings roll in
Valeant Pharmaceuticals and activist investor Bill Ackman have unveiled details of their offer to buy Botox maker Allergan in a cash-and-stock deal worth about $45.6 billion. (Associated Press)

The stock market is notching its sixth gain in a row as more U.S. companies report solid earnings.

It's the longest winning streak since September.

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Netflix rose 7 percent after the online video streaming service said its first-quarter earnings soared.

Harley-Davidson jumped 6 percent after the company reported that its motorcycle sales rose worldwide.

The Standard & Poor's 500 index rose seven points, or 0.4 percent, to close at 1,879 Tuesday.

The Dow Jones industrial average rose 65 points, or 0.4 percent, to 16,514. The Nasdaq composite rose 39 points, or 1 percent, to 4,161.

Bond prices didn't change much. The yield on the 10-year Treasury note was flat at 2.72 percent.

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