Wall Street cautious as it prepares for more earnings reports
Disappointing earnings from the likes of eBay Inc. (EBAY) furthered investor pessimism. Shares of the Internet auction house fell 5 percent in aftermarket trading after the company reported third-quarter profits slumped 29 percent.
Watch for a slew of more corporate earnings reports today, including those from: manufacturing conglomerate 3M Co. (MMM); communications-giant AT&T Inc. (T); Internet retailer Amazon.com Inc. (AMZN); tool-maker Black & Decker Corp. (BDK); drug maker Bristol-Myers Squibb (BMY); oil-seed processor Bunge Ltd. (BG); credit-card issuer Capital One Financial Corp. (COF); insurer Chubb Corp. (CB); and fast-food chain Chipotle Mexican Grill Inc. (CMG) -- just to name a few.
More here: Before the bell: Investors' caution reigns amid earnings season