Summary: Markets snap a three-day losing streak to close higher amid relative calm in emerging markets and an improvement in US corporate earnings. Apple stock fell sharply after it disappointed with results yesterday and all eyes are on Facebook earnings after the closing bell on Wednesday. The Fed is seen as unlikely to vary cuts to its bond buying program tomorrow, keeping its focus on ongoing US economic improvement, but volatility is expected to increase this year amid emerging markets uncertainty. TheStreet's Jane Searle speaks to Virtu Financial's Matt Cheslock at the NYSE.
