U.S.MARKET UPDATE

US stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports including Visa, which accounted for nearly 140 points in the Dow industrials.

The Dow Jones industrial average rose 221.11 points, or 1.3 percent, to 17,195.42, the S&P 500 gained 12.35 points, or 0.62 percent, to 1,994.65 and the Nasdaq Composite added 16.91 points, or 0.37 percent, to 4,566.14.

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