the republic logo

Stocks drift mostly higher as US corporate earnings come in mixed; Boeing falls

Share/Save/Bookmark

NEW YORK — U.S. stock indexes edged mostly higher as traders looked over a mixed batch of corporate earnings.

The meager gains were enough to mark another high close for the Standard & Poor's 500 index.

PHOTO: FILE - A sign for Wall Street is shown in this March 8, 2010 file photo near the New York Stock Exchange. Global stocks mostly rose Wednesday, July 23, 2014, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased. (AP Photo/Mark Lennihan, File)
FILE - A sign for Wall Street is shown in this March 8, 2010 file photo near the New York Stock Exchange. Global stocks mostly rose Wednesday, July 23, 2014, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased. (AP Photo/Mark Lennihan, File)

The S&P 500 edged up three points, or 0.2 percent, to 1,987. That was two points higher than its last record close reached on July 3.

The Dow Jones industrial average fell 26 points, or 0.2 percent, to 17,086. The Nasdaq composite rose 17 points, or 0.4 percent, to 4,473.

Boeing fell 2 percent, the most in the Dow, after reporting disappointing revenue. Apple rose 3 percent after reporting big gains in iPhone sales.

Bond prices were little changed. The yield on the 10-year Treasury note held steady at 2.47 percent.

Think your friends should see this? Share it with them!

All comments are moderated before posting. Your email address must be verified with Disqus in order for your comment to appear.
View our commenting guidelines and FAQ's here.

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.