NEW YORK - U.S. stocks inched up at the open on Wednesday, boosted by earnings from companies like Boeing, Pepsi and Microsoft, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence.
- PepsiCo Inc reported a higher-than-expected quarterly profit and raised its full-year adjusted earnings forecast, helped by strong sales of snacks such as Lays and Doritos chips in North America.
- Boeing Co reported a 52 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries, and raised its full-year earnings forecast.
Israeli forces pound multiple sites across the Gaza Strip and says it's meeting stiff resistance from Hamas Islamists, as diplomats try to end the bloodshed. Sarah Toms reports.