Airplane maker Boeing saw a record order-backlog during its third fiscal quarter, and it was this strong demand for Boeing's aircrafts that pushed the company's profit and revenue above what Wall Street analysts were expecting.
The nation's nearly 64 million Social Security recipients will get a 1.7% cost of living increase for 2015, while the maximum Social Security tax, which is linked to a different measure, will go up by just 1.3%, the government announced today.
Dow reported earnings of $0.71 per share or $0.72 per share on an adjusted basis(1). This compares with earnings of $0.49 per share, or adjusted earnings of $0.50 per share, in the same quarter last year.
European stocks rose on corporate earnings while bonds from Greece to Portugal rose on speculation the European Central Bank boosted purchases and inflation will prolong stimulus.
U.S. stock futures were little changed Wednesday, pausing after a three-day rally that carried the Dow back into positive territory for the year.