S&P 500 slips on weak earnings; Dow gains
Torn between some companies’ strong profits, others’ weak ones, investors had a hard time deciding whether to buy or sell. They mostly sold, but barely. The Dow rose but the S&P 500 slipped, for a fourth day of losses. Big reasons were Apple, down 4%; Netflix, down 25% after net income plunged 91%; and a sharp drop in sales of new homes.