(MENAFN– ecpulse) Investors in the U.S. get ready of a big day of earnings results, with many of the largest retailers in the nation to release quarterly results.
Barnes & Noble, Target, Abercrombie & Fitch and TJX are all set to release earnings before the market opens.
Then, after the close, Baidu and J.C. Penney will report results.
Among the companies set for gains when the market opens is Anheuser-Busch InBev.
The global brewer, which makes popular beers including Budweiser and Stella Artois, reported better-than-expected fourth quarter results and outlined plans to boost sales during the upcoming FIFA World Cup in Brazil.
Meanwhile, Credit Suisse shares could slip after a Senate report released Tuesday outlined how the Swiss bank helped clients hide billions from the IRS. The bank`s executives will appear before the Senate Wednesday.
Shares in First Solar are set for a big fall after reporting earnings that missed expectations. The stock was down by roughly 15% premarket.
Gun company Sturm Ruger reported gains in sales and profit after the close Tuesday.
U.S. stock futures were ticking higher ahead of the opening bell.
-Futures on the Dow Jones Industrial Average gained 0.148% to 16211
-Futures on the S&P 500 index gained 0.173% to 1849.50
-Futures on the NASDAQ 100 gained 0.149% to 3694.00. As of 07:10 a.m. ET
In economic news, data on January sales of new homes will be announced at 10 a.m. ET Wednesday.
Investors are also awaiting testimony from Federal Reserve Chair Janet Yellen on Thursday, which is likely to affect market sentiment.
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