Updated from 6:47 a.m. EDT
Here are 10 things you should know for Wednesday, April 16:
1.-- U.S. stock futures were rising after growth in China, the world's second-largest economy, expanded 7.4% from a year earlier, the slowest expansion since the third quarter of 2012, but better than forecasts.
European stocks were higher in early trading. Asian stocks ended the session with gains. Japan's Nikkei 225 index jumped 3%.
2.-- The economic calendar in the U.S. on Wednesday includes housing starts and building permits for March at 8:30 a.m. EDT, industrial production and capacity utilization for March at 9:15 a.m., and the Federal Reserve's "Beige Book" for April at 2 p.m.
3.-- U.S. stocks on Tuesday recovered to close higher following midday losses.
The Dow Jones Industrial Average gained 0.55% to close at 16,262.56, while the S&P 500 rose 0.58% to 1,842.98. The Nasdaq rose 0.29% to 4,034.16.
Excluding items, Intel earned 38 cents a share in the quarter, down from 40 cents a share in the same period a year earlier. Analysts were looking for earnings of 37 cents a share.
The semiconductor giant reported revenue of $12.8 billion, up from $12.58 billion in the prior year's quarter, but below analysts' estimates of $12.81 billion.
Intel shares fell 1% in premarket trading to $26.50.
5. -- Bank of America (BAC) reported a first-quarter loss of 5 cents a share. The bank recorded $6 billion of litigation expenses in the period.
Analysts were expecting a profit of 5 cents a share.
The stock fell 0.6% in premarket trading to $16.30.
6. -- Yahoo! (YHOO) reported first-quarter earnings on Tuesday that beat Wall Street estimates.