Quotes from the news wire:
They had a pretty good quarter of earnings last quarter and investors might be positioning themselves ahead of the next quarter of reporting and guidance that we see from some of the big tech companies, that weakness that we saw the past couple of weeks has given people an opportunity to jump back into some of these names.
We've seen in the past seven to ten trading days the likelihood of a Fed increase has been rising and yet we've seen the equity markets handle that pretty well, today's numbers probably reinforce the fact they probably move in December ... We think we could be set up for a little bit of a rally here into year-end.
What has occurred the past couple of days is that the market has focused back on what are still good fundamentals for equities. There is a Fed that is going to be patient and pretty transparent on when they are going to raise rates and an economy that is doing pretty well, the other factor that is getting investors excited is the fact the ECB may come in a couple of weeks and do a more robust action around their quantitative easing program.