Stocks Close Mixed

Stocks closed mixed on Wednesday, with the S&P 500 and Nasdaq rising, while the Dow declined. Earlier in the day, earnings news from JP Morgan Chase
(
JPM |
Quote |
Chart |
News |
PowerRating)
, Altria
(
MO |
Quote |
Chart |
News |
PowerRating)
and Yahoo
(
YHOO |
Quote |
Chart |
News |
PowerRating)
helped lift investor sentiment and all three indices were trading comfortably in positive territory.

Comerica
(
CMA |
Quote |
Chart |
News |
PowerRating)
reported a 10% decline in Q3 profits, citing credit market troubles as the reason (read more).

Entergy
(
ETR |
Quote |
Chart |
News |
PowerRating)
raised its third quarter EPS forecast and backed its full-year outlook (read more).

Crown Holdings
(
CCK |
Quote |
Chart |
News |
PowerRating)
hit a 7-week high after reporting strong Q3 earnings (read more).

Coca-Cola
(
KO |
Quote |
Chart |
News |
PowerRating)
hit a new high after reporting earnings before the open today (read more).

Meanwhile, Citigroup
(
C |
Quote |
Chart |
News |
PowerRating)
hit a new 52-week low today (read more).

Crude oil hit another record high today, rising above $88 per barrel.

Market Snapshot

Dow

-20.40 13892.54

NASDAQ

28.76 2792.67

S&P 500

2.71 1541.24

  NYSE NASDAQ

Volume

1,421,115,920 2,344,979,552

Up Volume

696,368,010 1,638,499,032

Down Volume

709,109,910 674,505,154

Advances

1683 1541

Declines

1591 1410

New Highs

138 98

New Lows

103 121

Strongest/Weakest Industry Groups

Strongest Industries

% Change

Weakest Industries

% Change
Independent Oil & Gas
+1.98%
Toy & Hobby Stores
-6.57%
Manufactured Housing
+1.01%
Surety & Title Insurance
-4.88%
Tobacco Products, Other
+1.48%
Healthcare Information Services
-4.92%


Economic
News

CPI (Sep): Actual 0.3%, Consensus 0.2%

Housing Starts (Sep): Actual 1191K, Consensus 1285K

Building Permits (Sep): Actual 1226K, Consensus 1300K