Wall St rises on GDP report

Markets rise after a positive reading on US economic growth and as the threat of imminent action against Syria subsides.

United States stocks clawed higher on Thursday as the threat of immediate military action against Syria waned and following a strong reading on the pace of US economic growth.

The Dow Jones Industrial Average rose 16 points, or 0.11%, to close 14,840.95. The S&P 500 tacked on 3.21 points, or 0.2%, to 1,638.17, and the Nasdaq Composite Index rose 26.95 points, or 0.75%, to 3,620.3.

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