U.S. stocks are on track for a mixed start on Wednesday as the market digests mixed earnings reports and looks ahead to more speeches by Federal Reserve officials.
Occidental Petroleum (NYSE:OXY) reported mixed Q1 results with earnings beating estimates and sales missing. Operational excellence drove cash flow and production met guidance.
Wall Street experienced a quiet session during morning trading on Tuesday, influenced by a lack of significant economic data and minimal updates on earnings from major large-cap companies.