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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 Free Report and Alibaba (BABA) - Get Free Report arrived.

Cisco Systems (CSCO) - Get Free Report  is set to acquire Appdynamics. Cisco agreed to pay $3.7 billion days before the company's IPO.

Novartis (NVS) - Get Free Report missed analysts' expectations, as the company considers selling its eyecare unit Alcon.

Alcoa (AA) - Get Free Report posts fourth-quarter losses of $125 million. The producer earned 6 cents a share lower than expected.