It looks like stocks will open with a pop this morning.
U.S. stock futures were roughly 0.5% higher as traders and investors anticipate more corporate earnings and economic data in the days ahead.
CNN parent Time Warner is scheduled to release quarterly results before the opening bell Wednesday.
CBS, Whole Foods and SolarCity are up in the afternoon.
Looking ahead to the rest of the week, investors are awaiting the U.S. October jobs report from the Bureau of Labor Statistics. The report is set for release on Friday morning and has a strong influence on market sentiment as it has a big bearing on future Fed policy.
On Thursday both the European Central Bank and the Bank of England will announce interest rate decisions. The ECB is under pressure to cut rates to a new low.
U.S. stocks finished mostly flat Tuesday.
Tesla shares plunged more than 12% in after-hours trading after the electric car maker reported third-quarter results that underwhelmed investors.
Shares of 21st Century Fox slipped 1.7% after the company missed quarterly earnings estimates.
European markets were moving higher in morning trading. The CAC 40 in Paris was leading the way with a 0.7% gain.
Shares in Alstom were up 5% after the power and transport conglomerate announced a major cost-cutting initiative and plans to sell off various assets.
It was a mixed bag on Asia’s stock markets. Japan’s Nikkei index rose by by 0.8%, the Shanghai Composite index declined by 0.8% and the Hang Seng was flat. In Mumbai, the Sensex fell by more than 1% after recently setting an all-time high.
