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Dow Jones Futures Jump As Strong Post-Election Market Rally Rolls On; Qualcomm Leads Earnings Movers

Posted Date: November 05 2020
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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