Stocks: Aircraft and earnings in focus

Written By limadu on Kamis, 17 Januari 2013 | 17.42

U.S. stocks ended mixed Wednesday.

NEW YORK (CNNMoney)

Results are due in the morning from firms including Bank of America (BAC, Fortune 500), Citigroup (C, Fortune 500) and BlackRock (BLK, Fortune 500). American Express (AXP, Fortune 500), Capital One (COF, Fortune 500) and Intel (INTC, Fortune 500) are up after the bell.

U.S. stock futures were mixed.

Overall, S&P 500 companies are expected to report earnings growth of 3.2% for the last three months of 2012, according to S&P's Capital IQ.

Boeing (BA, Fortune 500)shares fell 3.7% pre-market, after falling 3.4% Wednesday. Airlines around the world on Thursday halted flights on the troubled 787 after the Federal Aviation Administration ordered the aircraft out of service until a problem with its battery system is diagnosed and fixed.

On the economic front, the government will release its weekly report on initial jobless claims Thursday morning, and the Census Bureau will release data on housing starts and building permits for December.

U.S. stocks ended mixed Wednesday.

Fear & Greed Index

European markets were mixed in early trade. The FTSE 100 slipped as mining group Rio Tinto (RIO) replaced its CEO after taking a $14 billion writedown on its aluminum and coal businesses. In Asia, Japan's Nikkei closed narrowly higher but the Hang Seng slipped and the Shanghai Composite fell just over 1%. To top of page

First Published: January 17, 2013: 5:34 AM ET


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