Stocks were tugged lower Wednesday by a grim earnings report from the world's largest construction equipment company. That makes two consecutive days of losses for stocks, the first time that's happened all month.
Stocks closed down on Wall Street Tuesday after a string of disappointing earning reports from major companies. Coca-Cola stocks fell after the company said it sold less soda in its home market of North America.
Stocks edged higher on Wall Street Monday on a surge in Boeing, after it was found that batteries were not the cause of a fire on one of its 787 aircraft at London's Heathrow airport last week. The gains continue a hot streak for stocks in July.
Stocks rallied in the closing minutes on Wall Street Friday, closing high enough to post new record highs for the Dow Jones industrial average and the Standard & Poor's 500 index. Profits at big banks Wells Fargo and JP Morgan came in better than expected, and that helped financial stocks.
Stocks barely reacted to the release of Federal Reserve minutes Wednesday. Major stocks were down just a fraction of a percent more than an hour after the Federal Reserve released a report on its latest policy meeting in June.
Stocks fell slightly Tuesday after reports of intensifying political turmoil in Egypt offset good economic news. Car sales, home prices, and manufacturing pushed stocks up for most of the day but major indexes turned lower in the afternoon.
Stocks closed up on Wall Street Wednesday, despite a slowdown in the US economy. Stocks have been unpredictable for weeks, ever since Fed Chairman Ben Bernanke started hinting that a pullback in Fed stimulus programs would start soon.