Wall Street Rally Continues On Bank Of Japan's Stimulus Promise

Stocks surged in midday trading Friday after the Bank of Japan's surprise move to expand stimulus. Wall Street is brushing off this morning’s soft economic data in employment cost index and personal spending and income. The Dow is rising close to 200 points. GoPro (GPRO) is up more than 13% after raising its predictions for fourth quarter profit. The maker of action sports cameras also posted better-than-expected third quarter earnings. Madison Square Garden (MSG) reported that its quarterly revenue far exceeded Wall Street expectations. MSG is also in the midst of considering splitting itself. Shares of Starbucks (SBUX) are falling after missing revenue expectations. Same-store sales also grew below analysts' estimates.