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Bank of America Corp climbed 6.9 percent to $7.28 after it reported a fourth-quarter profit, reversing a year-earlier loss, boosted by one-time items and lower expenses for bad loans. Fellow financial Morgan Stanley jumped 6.3 percent to $18.46 after it posted a quarterly loss but still managed to top analysts' expectations. The Dow Jones industrial average was up 16.50 points, or 0.13 percent, at 12,595.45. The Standard & Poor's 500 Index rose 4.07 points, or 0.31 percent, at 1,312.11. The Nasdaq Composite Index added 11.81 points, or 0.43 percent, at 2,781.52.