Here's what's up on Wednesday's Squawk on the Street:
--Before the bell, we'll get reports from one Dow company, Boeing, and 27 members of the S&P. About halfway through earnings season, results are strong but there's a clear pattern emerging — many companies are citing rising fuel and commodity costs as a headwind.
--Another headwind: the potential end of QE2. So who will win the big battle between Big Oil, Big Ben and Big Earnings. Find out at 10 ET.
--And the big event of the week — Bernanke's historic news conference. Do you think you'll have a better understanding of Fed policy following the conference? That's the Street Poll. Share your opinion.
--Also, Wall Street, Main Street and Washington will be watching ConocoPhillips and BP, the first of the majors to report. Expectations are high and so is the potential for political backlash.
--And everyone agrees the credit rating agencies played a role in the financial crisis. But when Moody's reports results, will the numbers be further proof it emerged without even a slap on the wrist?
--Plus, find out why two of our market watchers are betting on a Cisco turnaround.
--And, Simon Hobbs speaks to four market watchers about their best investing plays abroad. You can register for their Webcast at noon ET.
Squawk on the Street comes to you live from the New York Stock Exchange each weekday morning at 9 a.m. ET.