Investing.com - U.S. stocks finished Wednesday flat to lower after a lackluster session that saw investors digesting quarterly earnings.
Soft durable goods orders dampened spirits slightly but failed to spark a major selloff.
At the close of U.S. trading, the Dow Jones Industrial Average finished down 0.29%, the S&P 500 index was unchanged, while the Nasdaq Composite index rose 0.01%.
Corporate American heavyweights such as AT&T, Boeing and Apple, among others, have issued quarterly reports this week, with many companies meeting, beating and missing estimates.
Investors bought and sold on Wednesday in rather quiet trading with little data to spark a rally or major selloff, pleased with earnings though concerns that year-end guidance statements were growing less optimistic pushed the Dow Jones Industrial Average lower.
Elsewhere, the Commerce Department reported that orders for durable goods dropped 5.7% in March, well beyond expectations for a decline of 2.8%.
Durable goods for February were revised down to a 4.3% gain from a previously reported 5.6% increase.
Leading Dow Jones Industrial Average performers included Microsoft, up 3.86%, Alcoa, up 3.69%, and Boeing, up 3.07%.
The Dow Jones Industrial Average's worst performers included Procter & Gamble, down 6.66%, AT&T, down 5.03%, and Cisco Systems, down 2.53%.
European indices, meanwhile, finished higher.
After the close of European trade, the EURO STOXX 50 rose 1.47%, France's CAC 40 rose 1.58%, while Germany's DAX 30 finished up 1.32%. Meanwhile, in the U.K. the FTSE 100 finished up 0.40%.
On Thursday, the U.S. is to release a weekly government report on initial jobless claims.
Soft durable goods orders dampened spirits slightly but failed to spark a major selloff.
At the close of U.S. trading, the Dow Jones Industrial Average finished down 0.29%, the S&P 500 index was unchanged, while the Nasdaq Composite index rose 0.01%.
Corporate American heavyweights such as AT&T, Boeing and Apple, among others, have issued quarterly reports this week, with many companies meeting, beating and missing estimates.
Investors bought and sold on Wednesday in rather quiet trading with little data to spark a rally or major selloff, pleased with earnings though concerns that year-end guidance statements were growing less optimistic pushed the Dow Jones Industrial Average lower.
Elsewhere, the Commerce Department reported that orders for durable goods dropped 5.7% in March, well beyond expectations for a decline of 2.8%.
Durable goods for February were revised down to a 4.3% gain from a previously reported 5.6% increase.
Leading Dow Jones Industrial Average performers included Microsoft, up 3.86%, Alcoa, up 3.69%, and Boeing, up 3.07%.
The Dow Jones Industrial Average's worst performers included Procter & Gamble, down 6.66%, AT&T, down 5.03%, and Cisco Systems, down 2.53%.
European indices, meanwhile, finished higher.
After the close of European trade, the EURO STOXX 50 rose 1.47%, France's CAC 40 rose 1.58%, while Germany's DAX 30 finished up 1.32%. Meanwhile, in the U.K. the FTSE 100 finished up 0.40%.
On Thursday, the U.S. is to release a weekly government report on initial jobless claims.