FILE – The New York Stock Exchange is seen in New York, Tuesday, June 14, 2022. (AP Photo/Seth Wenig, File)

NEW YORK (AP) — U.S. stocks are rising following signals that the economy is growing much more powerfully than economists expected. The S&P 500 was 0.4% higher early Thursday. The Dow rose 113 points, and the Nasdaq composite was 0.4% higher. IBM helped lead the market after it reported a stronger profit for the latest quarter than analysts expected. That helped offset a tumble for Tesla, which forecast slower growth this year. The market’s main focus was on a report indicating the U.S. economy steamed ahead in the last three months of 2023 at a far faster rate than economists were expecting.