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Stock Futures Hold Higher After ECB Leaves Rates Unchanged

Stock futures held higher on Thursday after the European Central Bank opted to leave its monetary policy unchanged.

S&P 500 futures were up 0.13%, Dow Jones Industrial Average futures added 0.18%, and Nasdaq futures climbed 0.15%.

The ECB held its key rate at a record low of zero percent for another month and expects to hold rates at current levels "for an extended period of time." The central bank also said it intends to hold its monthly asset repurchases of 80 billion euros a month until March 2017, though could extend the program if need be.

ECB President Mario Draghi will hold a press conference this morning.

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American Express (AXP) climbed 6% in premarket trading after topping earnings estimates in its recent quarter. The credit card company earned $1.24 a share, 28 cents above forecasts. Revenue fell 5.1% to $7.77 billion, narrowly beating...


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