U.S. Stocks Waver as Oil Prices Lose Steam; United Airlines Shakes Up Board

U.S. stocks struggled to find direction on Wednesday, as oil prices moved deeper into the red. This as an oil worker strike in Kuwait abruptly ended, fanning  fears that production will increase in an already oversupplied market. 'There's still a broader problem globally of too much supply and it's going to take a while longer for supply and demand to finally balance and during that time we should expect oil prices to bounce around,' said Paul Christopher, head global market strategist at Wells Fargo Investment Institute. Meanwhile, Coca Cola (KO) - Get Report reported first quarter earnings of $0.45 a share, beating Wall Street estimates by a penny. Revenue of $10.3 billion matched estimates. The company cited a weak global macro environment. Finally, United Airlines (UA) - Get Report is set to add two new board members, following pressure from activist investors. TheStreet's Scott Gamm reports from Wall Street.