Stocks: Holding steady as earnings flow

  @CNNMoneyInvest February 26, 2014: 7:00 AM ET
sp 500 futures 645

Click on chart to track premarkets


Investors and traders are readying themselves for a big day of earnings, with quarterly reports expected from many large U.S. retailers.

Barnes & Noble (BKS, Fortune 500), Target (TGT, Fortune 500), Abercrombie & Fitch (ANF) and TJX (TJX, Fortune 500) are all set to release earnings before the market opens.

Then, after the close, Baidu (BIDU) and J.C. Penney (JCP, Fortune 500) will report results.

U.S. stock futures were ticking higher ahead of the opening bell.

Among the companies set for gains when the market opens is Anheuser-Busch InBev (BUD).

The global brewer, which makes popular beers including Budweiser and Stella Artois, reported better-than-expected fourth quarter results and outlined plans to boost sales during the upcoming FIFA World Cup in Brazil.

Meanwhile, Credit Suisse (CS) shares could slip after a Senate report released Tuesday outlined how the Swiss bank helped clients hide billions from the IRS. The bank's executives will appear before the Senate Wednesday.

Shares in First Solar (FSLR) are set for a big fall after reporting earnings that missed expectations. The stock was down by roughly 15% premarket.

Gun company Sturm Ruger (RGR) reported gains in sales and profit after the close Tuesday.

Related: Fear & Greed Index, still greedy

In economic news, data on January sales of new homes will be announced at 10 a.m. ET Wednesday.

Investors are also awaiting testimony from Federal Reserve Chair Janet Yellen on Thursday, which is likely to affect market sentiment.

U.S. stocks slipped slightly Tuesday. The Dow, S&P 500 and Nasdaq all fell modestly.

Related: CNNMoney's Tech30

European markets were broadly lower in morning trading. The FTSE 100 in London was declining by roughly 0.4%.

Asian markets ended with mixed results -- the main indexes in Australia and Japan moved slightly lower while other markets posted gains.

The yuan has been dropping in recent days, shaking confidence in the typically robust Chinese currency.

The price of Bitcoin continued to slide following the shutdown Monday of leading exchange Mt. Gox. To top of page

Join the Conversation
Sponsored by
Index Last Change % Change
Dow 16,408.54 -16.31 -0.10%
Nasdaq 4,095.52 9.29 0.23%
S&P 500 1,864.85 2.54 0.14%
Treasuries 2.72 0.08 3.19%
Data as of 8:31pm ET
Company Price Change % Change
Bank of America Corp... 16.15 0.00 0.00%
Facebook Inc 58.94 0.00 0.00%
General Electric Co 26.56 0.00 0.00%
Cisco Systems Inc 23.21 0.00 0.00%
Micron Technology In... 23.91 0.00 0.00%
Data as of Apr 17
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.36%4.24%
15 yr fixed3.39%3.26%
5/1 ARM3.36%3.27%
30 yr refi4.34%4.22%
15 yr refi3.38%3.24%
View rates in your area
Find personalized rates:
Rate data provided
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.