The Republican victory gave stocks a boost yesterday. Today, it’s the ECB’s Mario Draghi that’s sending stocks higher.
Bloomberg News S&P 500 futures have risen 0.3%, while Dow Jones Industrial Average futures have gained 0.4%. Nasdaq Composite futures have advanced 0.3%.
Stocks jumped after Draghi told reporters that he planned to bring the ECB’s balance sheet back to where it was in early 2012.
Whole Foods Market (WFM) has jumped 8.3% to $43.30 after reporting a profit of 35 cents a share, beating forecasts for 32 cents.
Gilead Sciences (GILD) has gained 0.9% to $107.05 after submitting an application to the FDA for its Tenofovir Alafenamide HIV treatment.
CBS (CBS) has risen 2.3% to $53.73 after it beat earnings forecasts by a penny.
Kate Spade (KATE) has climbed 9.7% to $28.80 after the hand-bag maker met earnings forecasts but said its gross margin had expanded.
Genworth Financial (GNW) has plunged 23% to $10.86 after the insurance company suffered a massive loss due to the rising costs of its long-term care insurance business.
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