NEW YORK (

TheStreet

) -- U.S. stock futures were indicating a lower Wall Street open Wednesday following three straight days of gains.

European stocks were slipping while Asian shares ended Wednesday's trading session mostly higher a day before China reports July inflation, factory output and retail sales. Japan's Nikkei 225 index rose 0.9% to 8,881.16.

The economic calendar in the U.S. Wednesday includes productivity and unit labor costs data for the second quarter at 8:30 a.m. EDT.

U.S. stocks

finished with modest gains Tuesday after a

Federal Reserve

official called for an aggressive asset purchase program.

The

Dow Jones Industrial Average

closed up 51 points, or 0.39%, at 13,169. The

S&P 500

rose 7 points, or 0.51%, to finish at 1401, the first since early May it finished above 1,400. The

Nasdaq

gained 26 points, or 0.87%, to close at 3016.

Walt Disney

(DIS) - Get Report

, the media and entertainment conglomerate, posted better-than-expected earnings but came up short of analysts' estimates on the top line.

The company reported after Tuesday's closing bell earnings of $1.83 billion, or $1.01 a share, in its fiscal third quarter ended in July on revenue of $11.09 billion. Analysts were expecting a profit of 93 cents a share on revenue of $11.31 billion.

Earnings were driven, in part, from strong ticket sales to movies like

The Avengers

.

Priceline.com

(PCLN)

, the online travel reservation company, provided investors with an underwhelming outlook after Tuesday's close of trading.

Priceline said it expects non-GAAP earnings of $11.10 to $12.10 for the third quarter ending in September, well below the current Wall Street consensus estimate for a profit of $12.76 a share. The company said its outlook "reflects an assumption that economic conditions in Europe will further deteriorate."

Macy's

(M) - Get Report

is expected by analysts Wednesday to report second-quarter earnings of 64 cents a share on sales of $6.12 billion.

Earnings are also expected Wednesday before the bell from the likes of

Alpha Natural Resources

(ANR)

,

Dish Network

(DISH) - Get Report

,

Orbitz Worldwide

(OWW)

,

Polo Ralph Lauren

(RL) - Get Report

,

Sodastream

(SODA) - Get Report

,

Stillwater Mining

(SWC)

and

Carlyle Group

(CG) - Get Report

,

The late roster Wednesday includes

Allscripts Healthcare

(MDRX) - Get Report

,

Amarin

(AMRN) - Get Report

,

CenturyTel

(CTL) - Get Report

,

Diodes

(DIOD) - Get Report

,

Jack in the Box

(JACK) - Get Report

,

Monster Beverage

(MNST) - Get Report

,

News Corp.

(NWS) - Get Report

,

Rosetta Stone

(RST) - Get Report

and

SatCon Technology

(SATC)

.

Jiangling Motors

, the Chinese light commercial vehicle maker that is 30%-owned by

Ford

(F) - Get Report

, plans to buy

Taiyuan Changan Heavy Truck Co.

.

China is the world's largest market for heavy trucks. It's Ford's first entry into the market.

London-based

Standard Chartered

might be asked to pay as much as $700 million to resolve money laundering allegations filed by New York's banking superintendent Benjamin Lawsky after his department grew impatient with inaction by federal regulators, a person familiar with the case told

Bloomberg

.

China leads the U.S. in total medals won at the London Olympics, 73 to 70. China has won 34 gold medals, the U.S. team has won 30. Great Britain has won a total of 48 medals and 22 gold.

-- Written by Joseph Woelfel

>To contact the writer of this article, click here:

Joseph Woelfel

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.

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