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Dow Once Again At Record Terrain Lifted By Intel & IBM

U.S. Stocks are climbing higher, once again lifting the Dow Jones Industrial into record terrain. Investors welcomed better than expected earnings results from Intel (INTC)and deals news from IBM and Apple (AAPL). Those stocks are adding to gains for the main benchmarks. Time Warner (TWX) shares are sharply higher after the New York Times (NYT)reported the media company rejected a $80 billion buyout bid from 21st Century Fox (FOXA). Traders are also focusing on the second day of testimony from Federal Reserve Chairwoman Janet Yellen. Earnings season is still in full swing. Yum Brands (YUM) and eBay (EBAY) both report after the close. TheStreet's Susannah Lee reports.