Chinese QE Talk Pleases Traders

With no economic reports coming out today and continued unrest in Ukraine, one would have expected a poor trading session today.  To the contrary, however, stock futures pointed higher this morning.  The Dow closed with a record high yesterday and the S & P 500 is within range of one today.  News that China may employ quantitative easing of its own buoyed international markets.  The Dow closed up 112 points and joined the S & P500 in setting a new record high.