Market recap: Stocks were off to the races from the open, encouraged by the ECB's decision to...

|By:, SA News Editor
Market recap: Stocks were off to the races from the open, encouraged by the ECB's decision to cut its key interest rate and as U.S. jobless claims unexpectedly fell to a five-year low. Upbeat earnings from GM and homebuilder MDC provided support; techs continued this week's strong run after results from Facebook, Visa and Seagate. Oil futures rallied 3.5%, but natural gas plunged 6% as inventories surged.