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[Markets] US STOCKS-Strong earnings lifts Wall Street ahead of services activity data U.S. stock indexes rose on Wednesday on strong results from PayPal and CVS Health, with investors awaiting services activity data for clues on the health of the economy struggling with soaring inflation and tightening financial conditions. Shares of PayPal Holdings jumped 11.6% after the fintech company raised its annual profit guidance and said activist investor Elliott Management has an over $2 billion stake. Published:8/3/2022 9:02:24 AM
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