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In other trading, Goldman Sachs stock added almost 7 percent after its quarterly profit beat Wall Street expectations. Net income still fell 58 percent in the last three months of 2011, a result of choppy financial markets. Some bank stocks followed Goldman higher. Morgan Stanley, another investment bank, rose 6.8 percent. Bank of America rose 4.9 percent, JPMorgan Chase 4.7 percent and Citigroup 2.9 percent. Other financial stocks sank after disappointing earnings reports. State Street Corp. plunged 6.6 percent, the largest fall in the S&P 500. PNC Financial Services Group Inc. fell 2.6 percent, and Northern Trust Corp. slipped 2 percent. The Dow finished up 96.88 at 12,578.95. The S&P rose 14.37 to 1,308.04. The Nasdaq composite index, which has outperformed the other two this year, rose 41.63 points to 2,769.71. Among other stocks making large moves Wednesday: Yahoo climbed 3 percent on news that co-founder Jerry Yang is leaving the struggling Internet pioneer. The departure clears the way for newly hired CEO Scott Thompson to take more radical action to shake up the company. Amphenol Corp., which makes fiber-optic cables, soared 11 percent. Its earnings beat analysts' expectations, and the company said strong orders should push next year's earnings above Wall Street forecasts. Linear Technology Corp., which makes circuits, jumped 11 percent, most in the S&P 500. It expects quarterly revenue to rise 4 to 8 percent following strong demand in December and January. It also raised its dividend by a penny to 25 cents a share. Cash America International Inc., a payday lender and operator of pawnshops, sank 6 percent after cutting its earnings forecast.
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