US stocks up after solid corporate earnings news

Stocks are rising in early trading after several big U.S. companies reported solid third-quarter earnings.

Fast-food giant McDonald’s was up 2.6 percent after its profit rose 9 percent, beating analysts’ expectations.

Industrial and financial titan General Electric Co. boosted its net income by 18 percent. Microsoft Corp.’s rose 6 percent. Revenue for both companies beat Wall Street estimates.

Verizon said its adjusted earnings were slightly higher than analysts had expected. Shares rose 0.5 percent.

Traders continue to monitor talks between European leaders trying to solve the Greek debt crisis.

The Dow is up 142 points, or 1.2 percent, at 11,684 shortly after the start of trading Friday. The S&P 500 is up 13, or 1.1 percent, at 1,229. The Nasdaq is up 29, or 1.1 percent at 2,628.