This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Morning Briefing: 10 Things You Should Know

NEW YORK ( TheStreet) -- U.S. stock futures were pointing to a lower open, taking their cue Wednesday from losses across the globe.

European shares were trading to the downside while Asian shares finished in the red. Japan's Nikkei 225 index dropped 2.6% after government minister Akira Amari aired concerns about recent yen weakness.


The economic calendar in the U.S. Wednesday includes the consumer price index at 8:30 a.m. EST and industrial production at 9:15 a.m.


U.S. stocks on Tuesday closed mixed as investors braced for bank earnings and processed a slew of economic reports.

The Dow Jones Industrial Average rose 28 points, or 0.2%, to 13,535.

The S&P 500 gained 2 points, or 0.1%, to 1,472. The Nasdaq slipped 7 points, or 0.2%, to 3,111 as Apple (AAPL) shares slid 3.2% to trade below $500.


JPMorgan Chase (JPM - Get Report) is expected by analysts Wednesday to post fourth-quarter profit of $1.16 a share on revenue of $24.42 billion.

Goldman Sachs (GS - Get Report) is expected by Wall Street Wednesday to report fourth-quarter earnings of $3.78 a share on revenue of $7.91 billion.


Japan's two biggest airlines grounded all their Boeing (BA - Get Report) 787 aircraft for safety checks Wednesday after one was forced to make an emergency landing in the latest blow for the new jet.


General Motors (GM - Get Report) said Tuesday it expects only a modest increase in pretax profit this year as it rolls out multiple new cars and trucks worldwide.


Facebook (FB - Get Report) hosted its big press event on Tuesday and unveiled what it calls Graph Search.

CEO Mark Zuckerberg said Graph Search is a new way to search the billion people and more than 240 billion photos on Facebook, as well as the social network's more than a trillion connections.


Earnings are expected Wednesday from eBay (EBAY), U.S. Bancorp (USB) and Bank of New York (BK).


-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BA $144.16 0.80%
FB $94.04 -1.20%
GS $205.04 -1.00%
GM $31.50 -1.30%
JPM $68.52 -0.76%

Markets

Chart of I:DJI
DOW 17,694.47 -51.51 -0.29%
S&P 500 2,103.54 -5.09 -0.24%
NASDAQ 5,128.4340 -0.3510 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs