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By Sam Forgione NEW YORK (Reuters) - U.S. shares rebounded in afternoon trading on Tuesday, boosted by strong earnings from Merck and a dividend hike by IBM, while oil prices pared gains on expectations that U.S. crude stockpiles have reached record highs. Brent crude was last down 8 cents at $64.75 a barrel.
A survivor of the 2012 "Batman" theater massacre described in harrowing detail Tuesday the mayhem that ensued when accused gunman James Holmes opened fire inside a packed auditorium, in opening testimony at his long-awaited trial. Katie Medley, the first witness to take the stand, was nine months pregnant when she, her husband Caleb and a female friend went to see the "The Dark Knight Rises" on July 20, 2012. About 15 minutes into the midnight showing, Medley saw the exit on the right side of the auditorium open and a canister thrown into the air above the audience. I put my arm around (her friend) Ashley and threw her to the ground," Medley said.