New York Stock Exchange traders
Equities rose despite weaker-than-expected GDP data for the first quarter of 2023.
  • US equities climbed Thursday on more upbeat corporate earnings. 
  • Meta Platforms beat estimates and issued strong guidance.
  • Weaker-than-expected GDP data didn't dampen the rally on Thursday. 

US stocks had their best day in months after strong corporate earnings, with traders sidestepping concerns about the economy as growth data for the first quarter came in lower than expected. 

The Dow Jones Industrial Average jumped more than 500 points during the session, notching the gauge's best day since January 6.