Stocks surged more than 2 percent across the board Wednesday, with the Dow and S&P 500 logging their best one-day gains in 2012, amid growing hopes that central banks around the world will implement further measures to support the global economy.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday, after a better-than expected service sector report on Tuesday lifted investor sentiment.
We’re nearly three-quarters of the way through earnings season, with the bulk of the companies so far beating expectations. Bespoke Investment Group found dozens of “triple play stocks”—shares of companies that (a) beat earnings estimates; (b) surpassed revenue estimates; and (c) ramped-up future guidance on their reporting days.