Stock market today: Wall Street declines in early trading with a bevy of earnings on the way

Wall Street was on track to open with losses on Wednesday as more high-profile companies roll out their latest financial results. Futures for the S&P 500 was down 0.2% before the opening bell, while futures for the Dow Jones Industrial Average gave up 0.5%. McDonald’s tumbled 7% in extended hours after U.S. regulators reported that an E. coli outbreak linked to the fast food giant’s Quarter Pounder hamburgers sickened dozens of people across the U.S. Starbucks skidded 4.7% overnight after the Seattle coffee chain’s fourth-quarter profits fell well short of Wall Street’s targets and pulled its 2025 guidance.