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Searching for corporate sales amid housing data

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Earnings Parade: Chipotle & Yum

Earnings retain the spotlight on Wednesday, with several more blue chips and technology heavyweights set to report.

Among the 31 companies reporting on Wednesday, Boeing, Coca-Cola and McDonald's post results before the bell. AT&T, eBay, Facebook, Qualcomm and Texas Instruments are among those reporting after the close Wednesday.

"I think it's all earnings. I think it's a mixed bag," said Peter Boockvar, chief market analyst at The Lindsey Group. "Earnings season relative to expectations is better than expected, but 'better than expected' is normal."