Stocks End Day With Mixed Results on Wall Street

Dow ends day down 38
By Newser Editors and Wire Services
Posted Apr 18, 2018 3:18 PM CDT
Trader Frank O'Connell works on the floor of the New York Stock Exchange, Tuesday, April 10, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing broadly higher on Wall Street as investors respond to some positive company earnings reports, the AP reports. Railroad operator CSX jumped 7.8% Wednesday and aircraft maker Textron rose 6.8% after reporting results that beat analysts' forecasts. Best Buy climbed 3.6% after announcing a partnership to sell Fire TVs with Amazon. IBM slumped 7.5% after its results failed to impress investors, pulling the Dow Jones industrial average lower. Oil prices rose, lifting energy companies. Devon Energy climbed 7.2%. The S&P 500 index rose 2 points, or 0.1%, to 2,708. The Dow lost 38 points, or 0.2%, to 24,748. The Nasdaq composite climbed 14 points, or 0.2%, to 7,295.

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