NEW YORK (CNNMoney)
The Dow Jones industrial average slid 0.4%, dragged down by JPMorgan Chase (JPM, Fortune 500) and Bank of America (BAC, Fortune 500).
The S&P 500 and Nasdaq Composite were also down about 0.4%.
Ahead of the opening bell, CNNMoney parent Time Warner (TWX, Fortune 500) posted better-than-expected earnings and hiked its dividend by 11%.
Shares of Irish neuroscience biotech company Elan (ELN) rose more than 6% after the company reported strong earnings and said it would pay $3.25 billion to end its collaboration with Biogen Indec (BIIB, Fortune 500).
Disney (DIS, Fortune 500) shares rose in early trading, a day after the media company reported earnings and revenues that beat analysts' forecasts.
Zynga's (ZNGA) results also came in ahead of forecasts late Tuesday.
News Corp (NWS)., Yelp (YELP) and Green Mountain Coffee Roasters (GMCR) are up after the bell.
Aside from earnings, investors are starting to worry about the latest phone launch from BlackBerry (BBRY), formerly known as Research in Montion. News outlets reported short or nonexistent lines Tuesday at stores in the phone maker's home country of Canada.
Hewlett-Packard (HPQ, Fortune 500) shares rose for a second day, following its publicly stated threat to steal customers away from Dell (DELL, Fortune 500), which announced plans to go private.
Related: Individual investors are still nervous
U.S. stocks finished higher Tuesday on the strength of solid corporate results.
Related: Fear & Greed Index reaches 'extreme greed'
Markets in Asia were led higher by the Nikkei, which surged 3.8% and closed at its highest level since 2008 on hopes that the yen will continue to weaken.
The rally was helped by news that Bank of Japan Governor Masaaki Shirakawa will step down from his post sooner than expected. The country's central bank has been under intense political pressure to engage in further monetary easing. Meanwhile, the Shanghai Composite added 0.1% and Hong Kong's Hang Seng gained 0.5%.
European markets were mixed in morning trading on Wednesday. Steel giant ArcelorMittal (AMSYF)reported it was seeing "positive indicators," despite the fragility of the European economy and operating profit should rise in 2013. 
First Published: February 6, 2013: 9:42 AM ET
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