Peter Schacknow, Senior Producer, CNBC Breaking News Desk
Today's EU summit remains the focus of investors ahead of the Wednesday trading session on Wall Street.
Many see an indecisive conclusion ahead, which may or may not help extend the Tuesday losses that ended a modest Wall Street winning streak.
Ahead of that, the German parliament will vote on a proposal to boost the European bailout fund, with that vote expected at about 8am ET.
While investors await the summit conclusion, economic data and earnings will once again occupy their attention this morning.
The government is out with durable goods orders for September at 8:30am ET, with economists looking for a drop of 1.0% following a decrease of 0.1% in August.
At 10am ET, consensus forecasts call for a 1.7% increase in September new home sales, partially reversing a 2.3% August decline.
And the Treasury will sell $35 billion in 5-year notes, with the results of that auction available shortly after 1pm ET.
Dow component Boeing (BA) leads this morning's quarterly earnings list, with the company expected to issue its numbers at 7:30am ET.
We'll also see numbers from Ford (F), ConocoPhillips (COP), Dr Pepper Snapple (DPS), Lockheed Martin (LMT), Medco Health (MHS), Wellpoint (WLP), and Wyndham Worldwide (WYN). Visa (V) is among those releasing after today's closing bell, along with Symantec (SYMC), Norfolk Southern (NSC), Aflac (AFL), and Akamai (AKAM).
Dow component IBM (IBM) is a stock to watch this morning, on news that global sales chief Virginia Rometty will succeed Sam Palmisano as CEO in January.
Amazon.com (AMZN) is under pressure, after posting disappointing earnings and dropping 18% in the after-hours session. Amazon earned 14 cents per share for the third quarter, 10 cents below analyst estimates.
Dreamworks (DWA) beat estimates with profits of 23 cents a share, but the stock dropped in after-hours trading.
Broadcom (BRCM) fell 3.7% after-hours as the chipmaker issued a pessimistic revenue forecast, while Panera Bread (PNRA) saw a 7% jump as its third quarter earnings and sales beat projections.
In addition to its earnings report this morning, Boeing saw another milestone today with the completion of the first commercial flight of its 787 Dreamliner.
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