U.S. stocks are pointing to a lower open Wednesday, a day after the government reported the nation's housing market appears to be struggling amid the economic recovery. Futures point to lower openings for all three major U.S. stock indexes, with the benchmark Dow Jones industrial average trading below the 10,000 level. Shares of Internet search engine Yahoo! Inc. (YHOO) soared in after-hours trading, after the company reported better-than-expected earnings of $186.1 million, or 13 cents a share. A bevy of companies are due to report earnings today, including: American Airlines parent AMR Corp. (AMR); eBay Inc. (EBAY); Eli Lilly (LLY); Boeing Co. (BA); and banking stocks Morgan Stanley (MS), KeyCorp (KEY), Wells Fargo & Co. (WFC) and U.S. Bancorp (USB).

More here: Before the bell: Investors cautious amid earnings bonanza

Increase your money and finance knowledge from home

Banking Services 101

Understand your bank's services, and how to get the most from them

View Course »

How to Buy a Car

How to get the best deal and buy a car with confidence.

View Course »

Add a Comment

*0 / 3000 Character Maximum