Stocks move higher as investors assess US economy and earnings; Biotechnology stocks rebound

The Associated Press

Trader Michael Mozian works on the floor of the New York Stock Exchange Tuesday, March 25, 2014. Stocks are opening higher on Wall Street as the market shrugs off a two-day decline. (AP Photo/Richard Drew)

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— Walgreen rose $2.11, or 3.3 percent, to $66.42 after the company reported its fiscal second quarter earnings. The company said it plans to close 76 stores in the second half of its fiscal year. That's a big shift from its previous growth strategy, which focused on opening locations to maximize convenience for its customers.

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