October 31, 2014- Stocks Rally on Japan Stimulus

Trading in the U.S. index futures suggests that U.S. stocks may open notably higher, as the Bank of Japan's decision to expand monetary policy stimulus has set in motion large scale buying of risky bets across the global markets. Asian stocks ended notably higher earlier in the global trading day, while the European markets are also advancing notably. The domestic markets may also take cues from some domestic economic data on personal spending, manufacturing activity and consumer sentiment. The Dow futures are up 196 points, the S&P 500 futures are adding 22.50 points and the Nasdaq 100 futures are moving up 62 points. U.S. stocks advanced solidly on Thursday in the wake of positive domestic GDP data and some encouraging earnings.