) -- U.S. stock futures were pointing to a mostly flat open for Wall Street on Wednesday, ahead of earnings from

Bank of America

(BAC) - Get Bank of America Corp Report

and data on the U.S. housing market.

European stocks were rising after Moody's retained Spain's investment grade credit rating. Asian shares finished with gains; Japan's Nikkei 225 average rose 1.2%.

The economic calendar in the U.S. Wednesday includes housing starts and building permits for September at 8:30 a.m. EDT.

U.S. stocks

on Tuesday closed higher, buoyed by a batch of strong big-cap earnings reports and data showing a rebound in industrial production last month.


Dow Jones Industrial Average

finished up more than 127 points, or 0.95%, at 13,552.

President Obama came out fighting in the second

presidential debate

Tuesday night, clashing with his rival Mitt Romney over taxes, deficit-reducing measures, energy, pay equity for women and health care issues.

Bank of America is expected to issue its third-quarter earnings report before Wednesday's opening bell and analysts expect the bank to post a loss of 7 cents a share on revenue of $21.89 billion.


(PEP) - Get PepsiCo, Inc. Report

is expected by analysts early Wednesday to post third-quarter earnings of $1.16 a share on revenue of $16.9 billion.

After the closing bell, reports are expected from

American Express

(AXP) - Get American Express Company Report



(EBAY) - Get eBay Inc. Report

The earnings calendar Wednesday also includes

A.O. Smith

(AOS) - Get A. O. Smith Corporation Report


Abbott Laboratories

(ABT) - Get Abbott Laboratories Report


Bank of New York

(BK) - Get Bank of New York Mellon Corporation Report



(BLK) - Get BlackRock, Inc. Report


Check Point Software

(CHKP) - Get Check Point Software Technologies Ltd. Report



(CMA) - Get Comerica Incorporated Report


First Cash Financial Services

TheStreet Recommends

(FCFS) - Get FirstCash, Inc. Report



(HAL) - Get Halliburton Company (HAL) Report


Knight Capital Group



M&T Bank

(MTB) - Get M&T Bank Corporation (MTB) Report


Piper Jaffray

(PJC) - Get Piper Jaffray Companies Report


Quest Diagnostics

(DGX) - Get Quest Diagnostics Incorporated Report


St. Jude Medical




(TXT) - Get Textron Inc. Report


U.S. Bancorp

(USB) - Get U.S. Bancorp Report



(INTC) - Get Intel Corporation (INTC) Report

, the world's biggest semiconductor maker, topped lowered expectations in its third quarter but said Tuesday it continues to see weak demand across the globe.


(ASML) - Get ASML Holding NV ADR Report

, the biggest supplier of equipment to semiconductor manufacturers, offered to buy



for about $2.55 billion in cash and stock.


(V) - Get Visa Inc. Class A Report

is preparing to name a new CEO as soon as this month to succeed Joseph Saunders, who is expected to retire from the company when his contract expires in March,

The Wall Street Journal

reported, citing people familiar with the process.

-- Written by Joseph Woelfel

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Joseph Woelfel

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