Facebook Earnings, Housing Data: What to Watch on Wall Street April 22

On Wednesday, April 22nd Wall Street traders will be awaiting Facebook's (FB) latest quarterly earnings report, scheduled to be released after the market closes. Facebook is expected to show a growth in revenue, but its bottom-line could have faced some pressure from the planned rise in expenses. Along with financial results from the social media giant, we also note earnings from AT&T Inc (T) and eBay Inc (EBAY), the Coca-Cola Co (KO), McDonald's Corp (MCD), and Boeing Co (BA). On the economic calendar, we point out the Federal Housing Finance Agency's home price index, existing home sales, and the EIA petroleum status report. TheStreet's Kurumi Fukushima reports in New York.