Stocks: Another day, another record?

  @CNNMoneyInvest May 8, 2013: 8:24 AM ET
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NEW YORK (CNNMoney)

Are we in for another record-setting day on Wall Street?

U.S. stock futures were narrowly mixed Wednesday, following a headline-grabbing performance on Tuesday.

The Dow closed above 15,000 for the first time ever, and the S&P 500 also finished at a record high. But can the trend hold?

"News from abroad is encouraging, but we do have a lack of economic news in the states," said Peter Cardillo, chief market economist at Rockwell Global Capital, referring to reports about increases in Chinese exports and German industrial output.

Investors in the U.S. will likely take their cues from another round of corporate earnings.

Shares of JCPenney (JCP, Fortune 500) rose in premarket trading after the troubled retailer released a preliminary report showing a decline in quarterly sales that may not have been as bad as some had expected.

Wendy's (WEN) shares fell after the restaurant chain reported sales that missed forecasts. AOL (AOL) missed earnings estimates. Toyota Motors (TM) reported a surge in profit for its fiscal year 2013, which ended on March 31.

Walt Disney (DIS, Fortune 500) reported better-than-expected earnings and sales late Tuesday, and several analysts raised their price targets on the stock.

Whole Foods (WFM, Fortune 500) shares surged after the supermarket chain reported quarterly earnings that beat estimates.

Tesla (TSLA), News Corp. (NWSA, Fortune 500) and Green Mountain Coffee (GMCR) are up after Wednesday's close.

Shares of Manchester United (MANU) could be in play after the long-time manager of the English soccer team announced he would retire. This comes less than a year after the company listed in New York.

Related: Fear & Greed Index gets extremely greedy

European markets were trending higher in morning trading, with the Euronext 100 index displaying some solid support.

Asian markets ended higher. The Nikkei added 0.7%, the Hang Seng increased 0.8% and the Shanghai Composite rose 0.5%. To top of page



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