US STOCKS SNAPSHOT-Wall St gains on earnings, GE dividend

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NEW YORK, July 23 | Fri Jul 23, 2010 9:10pm BST

NEW YORK, July 23 (Reuters) - General Electric (GE.N) delivered a shot of confidence to investors when it raised its dividend on Friday, pushing U.S. stocks higher and adding to optimism from another round of strong earnings.

The Dow Jones industrial average .DJI was up 102.32 points, or 0.99 percent, at 10,424.62. The Standard & Poor's 500 Index .SPX was up 8.99 points, or 0.82 percent, at 1,102.66. The Nasdaq Composite Index .IXIC was up 23.58 points, or 1.05 percent, at 2,269.47.

(Reporting by Angela Moon, Editing by Kenneth Barry)

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