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NEW YORK (CNNMoney)
U.S. stock futures were edging slightly lower, though the moves were small. Any big surprises during earnings season could take markets on another wild ride.
Coca-Cola (CCE, Fortune 500) and Johnson & Johnson (JNJ, Fortune 500) are among the main companies reporting earnings before the bell. Intel (INTC, Fortune 500) and Yahoo! (YHOO, Fortune 500) will report after the close.
Much of the choppiness in the markets has been driven by reactions to earnings and fluctuations in so-called "momentum stocks", the tech and biotech companies that had an incredible run in the past year, but have fallen sharply in recent days.
Related: Fear & Greed Index
In economic news, the U.S. government will release the monthly consumer price index at 8:30 a.m. ET. At 9 a.m., investors will see the latest monthly Treasury data on international capital flows.
U.S. stocks closed higher Monday after a choppy day of trading. The Nasdaq finished up 0.6%, while the Dow Jones industrial average and the S&P 500 closed just shy of 1% gains. All three indexes are still down for the year.
Related: CNNMoney's Tech30
European markets were mainly lower in morning trading, with tension in Ukraine weighing on sentiment. Germany's DAX fell 0.7%.
Asian markets closed with mixed results. The Hang Seng in Hong Kong was the biggest mover for the day, dropping by 1.6%.
First Published: April 15, 2014: 4:55 AM ET
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