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Wall St. inches up on GE deal, buyback


    NEW YORK (Reuters) - U.S. stocks inched higher at the open on Friday as investors lauded GE's decision to divest the bulk of its high-risk GE Capital business and share repurchase plan.

    The Dow Jones industrial average rose 22.52 points, or 0.13 percent, to 17,981.25, the S&P 500 gained 3.69 points, or 0.18 percent, to 2,094.87 and the Nasdaq Composite added 6.29 points, or 0.13 percent, to 4,980.85.

    (Reporting by Chuck Mikolajczak; Editing by Chizu Nomiyama)