ECB considering broad QE package for next meeting: Source

The European Central Bank is considering a broad-based quantitative easing package for its next meeting in January, a source told CNBC.

Bloomberg originally reported the rumors, and stocks turned broadly higher around the same time as that report.

Read More US stocks waver amid conficting views on ECB

It is not clear, however, that this is a new revelation. ECB President Mario Draghi said Thursday morning that his staff has "stepped up technical preparations for further measures," which a source said is in line with considering QE proposals.

European stocks had originally dipped on what many interpreted as hawkishness from Draghi.

—CNBC's Steve Liesman contributed to this report