US STOCKS-Wall St. rises on data, GM earnings

Newswire

(Updates to early morning) By Jennifer Coogan NEW YORK, July 31 (Reuters) - U.S. stocks climbed on Tuesday after General Motors Corp. added to optimism about corporate earnings and a key inflation indicator showed a smaller-than-expected rise. GM shares jumped 6 percent to $34.56 after the blue-chip automaker swung to a profit in the second quarter and handily topped Wall Street's expectations. For details, see [ID:nN30442082]. Tuesday's gains helped indexes recover partly from the ...

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