Murdoch's move, earnings push U.S. stocks higher

Reuters Videos 2:36 mins

Summary: The Dow reaches new heights on Time Warner's rebuff of Twenty-First Century Fox; Yum benefits from KFC China rebound; PayPal gives eBay results a bounce; Bank of America reaches mortgage deal with AIG; Take 2 at Congress for Fed Chair Janet Yellen. Lily Jamali reports.

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