Stocks: In need of a break?

May 14, 2014: 8:30 AM ET
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NEW YORK (CNNMoney)

Wall Street might need a break.

The past few days have seen investors push stock markets to all-time highs, but it looks like the pace could slow Wednesday.

U.S. stock futures were barely moving ahead of the opening bell, and there was a negative slant in the numbers. European markets were generally weaker, while Asian markets closed mixed.

There are a number of quarterly results set for release that could sway investor sentiment. Retailer Macy's (M) reported a better than expected gain in earnings and an increase in its dividend and share repurchase plans. But shares were up less than 1% as a decline in sales raised some worries.

Shares of Sears Holdings (SHLD) were up 2% as it said it looking at a sale of its 51% stake in Sears Canada.

Farm equipment maker Deere (DE) shares fell in premakert trading despite better-than expected earnings as it trimmed its guidance.

Shares of SodaStream (SODA) tumbled in premarket trading as it reported lower earnings and a sharp drop in U.S. sales.

Cisco Systems (CSCO) and SeaWorld (SEAS) will report after the close.

Pinnacle Foods (PF), which said Tuesday that it agreed to be bought by Hillshire Brands (HSH), reported improved quarterly earnings.

Sony (SNE) reported full-year results showing sales rose but the company still recorded a loss for the year. The Japanese electronics maker said a big reason behind the jump in sales was favorable foreign exchange rates. Sony shares pushed up by a little more than 1% in Tokyo trading.

Related: Fear & Greed Index

Shares in Fossil (FOSL) fell in premarket trading after the company reported a drop in quarterly profit.

In economic news, the U.S. government will publish its monthly producer price index at 8:30 a.m. ET.

The Dow Jones industrial average and S&P 500 finished at record highs again Tuesday. The S&P 500 touched 1,900 for the first time ever, while the Dow closed at about 16,715. The Nasdaq underperformed its peers, ending down about 0.3%.

Related: CNNMoney's Tech30

European markets were mostly lower in midday trading.

Shares in GlaxoSmithKline (GLAXF) were moving down after China charged a former executive with arranging a bribery scheme.

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Dow 17,086.34 -12.11 -0.07%
Nasdaq 4,588.96 8.69 0.19%
S&P 500 2,002.05 -1.32 -0.07%
Treasuries 2.41 0.07 2.82%
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Bank of America Corp... 16.19 0.10 0.62%
Staples Inc 12.44 0.76 6.46%
Facebook Inc 75.68 0.86 1.14%
General Electric Co 25.98 0.00 0.00%
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