US STOCKS-Market rises on blue-chip results, economic data


(Updates to midday, changes byline) By Cal Mankowski NEW YORK, April 30 (Reuters) - U.S. stocks rose on Wednesday after quarterly results from blue chip companies GM and Procter & Gamble topped Wall Street expectations and stronger-than-expected economic data eased recession fears. A Commerce Department report on first-quarter gross domestic product showed the economy growing at a 0.6 percent annualized pace, topping the consensus forecast. Among the Dow Jones industrials, ...

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