10 things you need to know today (SPY, SPX, QQQ, DIA, BCS, CMG, BWLD)

Here is what you need to know. Gary Cohn is reportedly out of the running to head the Fed. Cohn is no longer being considered for the position of Federal Reserve chair, according to Bloomberg, leaving Jerome Powell, Kevin Warsh, Janet Yellen, and John Taylor as the final candidates. The ECB meets. The European Central Bank is expected to announce the tapering of its bond-buying program down to €30 billion a month from €60 billion, a level that has been in place since April. The...