Stocks were higher Wednesday after strong earnings reports from Alphabet, GM and AMD gave a lift to the market.

In afternoon trading, the Dow Jones Industrial Average was up 147 points, or 0.4%, after the index rose 273 points Tuesday to close at 35,405. The S&P 500 rose 0.7%, with the technology-heavy Nasdaq Composite up 0.3%. The indexes were still below their best levels of the day, with the Nasdaq having been up 1% earlier.

Earnings,…