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Wall Street

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NEW YORK (AP) — It was a stock market turnaround. Stocks rose sharply Thursday, with large parts of the market erasing losses from the previous day as investors cheered a batch of strong earnings and data that showed the U.S. economy grew at a robust annual rate in the fourth quarter.

Investors also got a welcome respite from the recent turmoil in overseas markets.

Investors welcomed news that U.S. economy grew at a 3.2 percent annual rate in the final…

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