NEW YORK (CNNMoney)
The Dow Jones industrial average, the S&P 500 and the Nasdaq all rose about 0.4% in early trading. Stocks ended mostly flat Tuesday.
Health insurer Humana (HUM, Fortune 500) reported better than expected earnings before the bell. CNNMoney parent Time Warner (TWX, Fortune 500) topped earnings forecasts and reaffirmed its guidance for the year.
Of the 374 companies in the S&P 500 that have reported earnings so far, 69% have topped analysts' expectations, according to S&P Capital IQ.
But Tesla (TSLA) shares plunged after the electric car maker's third-quarter results were not as strong as investors were hoping for.
CBS (CBS, Fortune 500), Whole Foods (WFM, Fortune 500) and SolarCity (SCTY) are due to report earnings after the closing bell.
Investors will also keep tabs on Twitter (TWTR) once the market closes. The social media site, which has more than 230 million users, is widely expected to price its initial public offering this evening and begin trading on Thursday.
The IPO market has been booming as stocks trade near all time highs. The S&P 500 has gained 24% so far this year, extending a bull market that started in March 2009.
Related: Main Street may avoid Twitter
Looking ahead to the rest of the week, investors are awaiting the U.S. October jobs report from the Bureau of Labor Statistics. The report, due out Friday morning, has a strong influence on market sentiment.
Investors are zeroing in on the economy as they attempt to gauge when the Federal Reserve will begin to slow the pace of its $85 billion per month stimulus program.
The Fed is expected to stay on hold until sometime next year, but any sign of improvement in growth, particularly in the job market, could stoke concerns about an early exit.
Related: Fear & Greed Index nearing extreme greed
On Thursday both the European Central Bank and the Bank of England will announce interest rate decisions. The ECB is under pressure to cut rates to a new low.
European markets were moving higher in morning trading. The CAC 40 in Paris was leading the way with a 0.9% gain. But it was a mixed picture for Asia's stock markets. 
First Published: November 6, 2013: 9:51 AM ET
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