Wall St. rises amid robust GDP data, mixed earnings

Gross domestic product increased at a 2.9 percent annual rate in the third quarter, helped by a surge in exports, the first estimate by the U.S. Commerce Department revealed. While the report supports the case for an interest rate hike, the Federal Reserve is highly unlikely to make a move at its meeting next week, as it falls just days ahead of the U.S. presidential election. The main focus of the market remains on corporate results as investors hope the latest quarter snaps a year-long earning