U.S. Stocks Mixed On Upbeat Earnings

Midnight Trader | Jul 23, 2013 05:00PM ET

Stocks ended little changed Tuesday, with the S&P 500 hovering near its break-even mark for much of the session after a new measure of manufacturing activity unexpectedly declined.

Blue chips performed better, with the Dow Jones climbing to a new intra-day record after component companies E.

du Pont de Nemours and Co.

and United Technologies Corp posted better-than-expected Q2 earnings.

Another Dow component, The Travelers Cos.

, also beat expectations with its latest quarterly results but finished lower after disclosing plans to revamp its auto-insurance unit and laying off 450 workers.

Traders also appeared willing to maintain existing positions ahead of earnings reports after the close by Apple Inc.

(Midnight Trader

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Written By: Midnight Trader

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