Overcast
55°FOvercastFull Forecast

U.S. stocks end mixed after uneven earnings news

Published: Tuesday, July 23, 2013 3:23 p.m. CDT
Caption
(AP photo)
In this Monday, July 22, 2013, photo, Specialist Douglas Johnson is reflected in a screen at his post on the floor of the New York Stock Exchange. A mix of good and bad earnings reports from big companies kept the stock market treading water Tuesday.

NEW YORK – The stock market is closing mixed after an uneven batch of corporate earnings news.

The Dow Jones industrial average closed up 22 points at 15,567. If not for a big gain in United Technologies, the Dow would have closed down a point. It was another all-time high for the index.

The Standard & Poor's 500 index fell three points to 1,692. The Nasdaq composite fell 21 points to 3,579.

Earnings news was mixed.

United Technologies rose 3 percent after beating Wall Street's profits estimates, citing brisk orders at its Otis elevator business in China.

Netflix fell 5 percent after its subscriber additions fell short of what investors were expecting.

Three stocks rose for every two that fell on the New York Stock Exchange. Volume was light at 3 billion shares.

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Northwest Herald.

Reader Poll

How do you support breast cancer awareness?
Donate money
Register for a run
Wear a pink ribbon or other apparel
Other
I don't