Microsoft leads the Dow Jones industrial average higher; CBS Outdoor jumps in market debut

The Associated Press

Trader Michael Capolino, center, works on the floor of the New York Stock Exchange Friday, March 28, 2014. After two days of declines, stocks were moving higher in early trading Friday following news that U.S. consumer spending rose the most in three months in February. (AP Photo/Richard Drew)

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— Electric car maker Tesla Motors rose $5.05, or 2.4 percent, to $212.37. The stock rise followed news that federal safety regulators had closed their investigation into allegations of battery fires without any penalty against Tesla. The company also said it would install more shielding around its battery packs.

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