US Stocks Rise, Helped by Facebook, US GDP 1/30/14
NEW YORK— U.S. stocks are rising in early trading, helped by strong earnings from Facebook and a report that the U.S. economy grew at an annual rate of 3.2 percent in the fourth quarter.
Major U.S. indexes are recovering from steep declines the day before.
Facebook rose 15 percent, to $61.79. The social media company reported results late yesterday that beat expectations.