An Early Gain For Stocks, Driven By Strong Company Earnings

By ALEX VEIGA, AP Business Writer, Seattle Post-Intelligencer: Business
Thu, 10/22/2015 - 8:00am

U.S. stocks moved higher in early trading Thursday as investors welcomed encouraging earnings from McDonald's, eBay and other companies. The market also got a lift from a rally in European stocks after the head of the European Central Bank said the bank will consider expanding its stimulus program in December. EBay jumped 12.9 percent a day after the e-commerce company reported results that came in well ahead of what analysts were expecting. Shares in American Express tumbled 6.3 percent a day after the credit card issuer reported a 16 percent drop in profits, missing analysts' estimates. Benchmark U.S.

Topics: mcdonald's european central bank december ebay shares american express benchmark u.s new york mercantile exchange european early stocks company earnings percent analysts reported day

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An Early Gain For Stocks, Driven By Strong Company Earnings

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