North American stocks look likely to open mixed Wednesday as investors mull over a growing pile of quarterly earnings reports.

The rush of earnings reports continues today. Texas Instruments shares gained 4% in premarket trading after the semiconductor maker reported late Tuesday that fourth-quarter earnings and revenue beat Wall Street estimates.

Among TSX-listed companies, Enbridge is boosting its dividend after fourth-quarter profit jumped to $104.8 million from $27.3 million a year ago.

Abitibi Consolidated said its fourth-quarter loss widened to $108 million after a $235-million writedown for the closure of two mills.

There are no major economic releases from Canada or the U.S. to distract investors today.

Toronto stocks ended a four-session losing streak Tuesday. The S&P/TSX composite index rose 46.90 points, or 0.52%, to 9,125.10.

Volume was heavy at 301 million shares.

Among financial issues, TSX Group Inc. reported a stronger fourth-quarter profit, and said it would raise its quarterly dividend.

TSX shares closed up $1.80, or 3.1%, at $60.05 before the news was released.

The junior S&P/TSX Venture composite index slipped 2.73 points to 1,804.07.

On Wall Street, U.S. stocks also closed higher, spurred by positive earnings reports and a stronger-than-expected reading on consumer confidence.

The Dow Jones industrial average ended up 92.95 points, or 0.90%, at 10,461.56. The S&P 500 was up 4.66 points, or 0.40%, at 1,168.41. The Nasdaq composite index was up 11.25 points, or 0.56%, at 2,019.95.

Investors were heartened by better-than-expected earnings from companies like Merrill Lynch, U.S. Steel and Johnson & Johnson.