NEW YORK (AP) — Upbeat corporate earnings are injecting stocks with another burst of energy.
Stocks are surging Thursday as investors jump on surprisingly strong profit reports and an unexpected drop in unemployment.
Motorola and MasterCard's earnings came in far better than analysts' forecasts. General Electric is pulling stocks higher after an analyst raised his rating on the stock.
The Nasdaq composite index is trading above 2,000 for the first time since October. It's up 30 at 1,997 at midday.
The Dow Jones industrial average is up 146 at 9,217. The Standard & Poor's 500 index is up 17 at 992.
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