Wake Up Wall Street: Positive Earnings Drive Early Trading Higher
Reports from DuPont and Alibaba looked promising for the markets on Wednesday.
This is what you need to know before the markets open.
Positive corporate earnings looked set to drive Wall Street higher as reports from DuPont (DD) - Get Report and Alibaba (BABA) - Get Report arrived.
Cisco Systems (CSCO) - Get Report is set to acquire Appdynamics. Cisco agreed to pay $3.7 billion days before the company's IPO.
Novartis (NVS) - Get Report missed analysts' expectations, as the company considers selling its eyecare unit Alcon.
Alcoa (AA) - Get Report posts fourth-quarter losses of $125 million. The producer earned 6 cents a share lower than expected.
