Wall Street flat as weak earnings offset rise in oil
The S&P 500 and the Dow gave up early gains on Tuesday, but were still within shouting distance of their record highs, as investors assessed weak earnings reports by IBM and Netflix. A rebound in oil and better-than-expected earnings from Goldman Sachs and Johnson & Johnson had pushed the S&P briefly over 2,100, within 30 points of its record high. The Nasdaq composite was weighed by a 25 percent slide in Illumina.
Read more »