
U.S. stocks finished higher Tuesday.
NEW YORK (CNNMoney)
Firms including CVS Caremark (CVS, Fortune 500)and CNNMoney parent Time Warner (TWX, Fortune 500) are set to release their quarterly results in the morning. News Corp. (NWSA, Fortune 500), Yelp (YELP) and Green Mountain Coffee Roasters (GMCR) are up after the bell.
U.S. stocks finished higher Tuesday on the strength of solid corporate results. U.S. stock futures were higher Wednesday ahead of the opening bell.
After the bell Tuesday, Disney (DIS, Fortune 500) reported earnings and revenues that beat analysts' forecasts. Zynga's (ZNGA) results also came in ahead of forecasts, sending the shares sharply upward in after-hours trading.
Fear & Greed Index
Markets in Asia were led higher by the Nikkei, which posted a dramatic 3.8% increase on hopes that the yen will continue to weaken. The rally was helped by news that Bank of Japan Governor Masaaki Shirakawa will step down from his post sooner than expected. The country's central bank has been under intense political pressure to engage in further monetary easing.
The Shanghai Composite added 0.1% and Hong Kong's Hang Seng gained 0.5%.
European markets were also higher in morning trading, helped by corporate earnings. Steel giant ArcelorMittal (AMSYF)said it was seeing "positive indicators" despite the fragility of the European economy and operating profit should rise in 2013.
First Published: February 6, 2013: 4:59 AM ET
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