US stocks mostly higher
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NEW YORK, Jan 18 AFP
January 19 2013, 08:13AM
US stocks ended mostly higher Friday helped by news that Republicans might give way to a short-term rise of the debt ceiling to avoid a new crisis, but poor earnings from Intel pulled the Nasdaq lower.
At the closing bell the Dow Jones Industrial Average was up 53.68 points (0.39 percent) to 13,649.70.
The broad-based S&P 500 added 5.03 (0.34 percent) at 1,485.97.
But the tech-heavy Nasdaq Composite ended down 1.29 points (0.04 percent) at 3,129.34, dragged lower by chipmaker Intel, which sank 6.3 percent after a poor fourth quarter, with a 31 percent drop in profit and a lowered forecast for this year.