Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) European QE
The ECB is tipped to announce a huge stimulus program that could inject as much as one trillion euros ($1.2 trillion) into the Eurozone economy by the end of 2016. Quantitative easing is the last big weapon left in the ECB's arsenal and most experts say its deployment is long overdue. The euro was steady early Thursday buying $1.16.
2) Earnings & Economics
Verizon (VZ, Tech30) and Southwest Airlines (LUV) are due to report earnings before the opening bell and Starbucks (SBUX) issues its results after the close. It's a light day for economic data, just the US government's weekly jobless claims due out at 8:30am ET.
3) International Markets Overview
European markets were moving higher in early trading, while Asian markets ended with gains. The Shanghai Composite extended its recent strong run, closing up 0.6%.
4) Market Recap
It was an upbeat session for US markets Wednesday. The S&P 500 rose 0.5%, the Nasdaq added 0.3% and the Dow Jones industrial average put on 0.2%.
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