(CNBC) — U.S. stock closed mostly lower on Wednesday as earnings season continued, while solid economic data helped financials and oil extended its losing streak despite bullish supply data.
The Dow Jones industrial average rose 21 points after briefly dropping more than 100 points, with Boeing contributing gains to the tune of 38 points, offsetting sharp losses in Apple, which took about 20 points off the index.
The S&P 500 momentarily eked above breakeven before holding 0.22 percent lower, with real estate falling 1.32 percent to lead decliners while industrials and financials outperformed. The Nasdaq lagged, falling 0.64 percent as Apple shed about 2.7 percent.
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