Stocks flip between slight gains, losses after mixed earnings; United Technologies lifts Dow

NEW YORK, N.Y. – The stock market is closing mixed after an uneven batch of corporate earnings news.

The Dow Jones industrial average closed up 22 points at 15,567. If not for a big gain in United Technologies, the Dow would have closed down a point. It was another all-time high for the index.

The Standard & Poor’s 500 index fell three points to 1,692. The Nasdaq composite fell 21 points to 3,579.

Earnings news was mixed.

United Technologies rose 3 per cent after beating Wall Street’s profits estimates, citing brisk orders at its Otis elevator business in China.

Netflix fell 5 per cent after its subscriber additions fell short of what investors were expecting.

Three stocks rose for every two that fell on the New York Stock Exchange. Volume was light at 3 billion shares.

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