The indices remained steady but the broader market weakly so sliding in reaction to rising geopolitical tensions between the US and North Korea and a slump in oil prices.
The Dow Index fell -0.17% to close at 20,975.78.
Financial, tech and energy firms were among the losers with Chevron recording the biggest slide by -1.50% to 150.08. Exxon Mobil saw a -0.70% to close to 82.31 affected by the glut of cheap crude and highlighting the battering of the sector.
Cisco saw a drop of -1.14% closing at 33.90 after BMO’s CEO Tim Long cut the equipment vendor’s rating saying the transformation to a software and services vendor could “take many years” according to Barron’s. Cisco's revenue remains stagnant.
Upbeat financial results
The Nasdaq Composite was buoyant closing up +0.29% to 6,120 after another rally and record high. The benchmark continues to press its intraday boundary high of 6,133. It’s the 30th closing record of the year.
The markets still rode an optimistic if subdued wave amidst strong result announcements.
Strong performers were investment managers 180 Degree Capital Corp climbed +2.98% to 1.68 and internet retail florist 1-800-Flowers.Com saw a 2.35% change to 10.90
Tech company 2U Inc fell -0.48 points to 41.56 and financial group 1st Source Corp dropped -0.40 to 48.55.
S&P a mixed bag
The S&P 500 fell -0.10% to 2,396.92. Top performers were Marriott International +6.36% to 102.50 as it generates record profits because of higher occupancy figures.
Both American Airlines Group Inc and United Continental Holdings Inc were up +4.76% to 47.08 and 78.55 respectively after positive results pushing up other airline stocks.
Container & packaging company, Sealed Air Corp Q1, fell -8.86% to 42.30 on disappointing earnings narrowly missing its estimate. Broadcaster Tegna also missed revenue estimate and was down -6.75% to 24.05.