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Jan. 21 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks advanced, paring the Standard & Poor’s 500 Index’s first weekly decline since November, as higher-than-estimated earnings at General Electric Co. spurred a rally in shares of industrial firms, bolstering optimism about the global economic recovery. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)