Strong profits, China stimulus set Dow up for rebound

April 20, 2015 1:02 PM

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Strong profits, China stimulus set Dow up for rebound

After suffering a shellacking Friday, the Dow looks to open solidly in the black today, powered by earnings beats and more stimulus from China’s central bank.

On Friday, the Dow Jones industrial average plunged 280 points to 17,826.30, leaving it up just 3 points on the year. Friday’s selloff was fueled by renewed fears of a Greek exit from the eurozone, moves by Chinese stock regulators to reduce stock purchases financed with borrowed cash and a move hig...

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