Markets were looking to bounce back from a dismal day of trading Tuesday, but futures trading Wednesday ahead of the opening bell suggests that at least at the open markets will continue their downward trajectory.
Some stocks were moving positively based on their latest earnings release.
Here are the biggest market movers Wednesday.
Twitter Inc. (TWTR) - shares were falling 3.6% premarket after the company reported its second-ever profitable quarter. The company earned $61 million, or 8 cents per share, in the period. It is the second consecutive quarter the company has reported a profit. The company also forecast second-quarter earnings between $245 million and $265 million.
Facebook Inc. (FB) - shares were falling 0.41% ahead of its own earnings release after the closing bell Wednesday. All eyes will be on the social media company following a tumultuous quarter in which CEO Mark Zuckerberg faced Congressional questioning over data privacy issues.
Texas Instruments Inc. (TXN) - shares were up 2.65% after reporting earnings of $1.21 per share, a dime better than analysts were expecting for the period. The company also reported revenue that beat expectations as Texas Instruments was helped by strength in its automotive and industrial markets.
Boeing Co. (BA) - shares are up 1.1% after the company earned $3.64 per share in the first quarter, easily topping analysts' $2.58 per share expectations for the quarter.