Dow Jones futures rose sharply Thursday morning, along with S&P 500 futures and especially Nasdaq futures, signaling a powerful post-election stock market rally will continue. Wednesday's rally points to a decisive change in market character, even with the Trump vs. Biden race and Senate control still in doubt.
Qualcomm (
QCOM) skyrocketed early Thursday on strong earnings and guidance, a strong sign for Apple iPhone sales and other
Apple (
AAPL) chipmakers. Chinese e-commerce giant
Alibaba (
BABA) headlines premarket earnings reports after two big rivals broke out Wednesday.
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