It was a mixed close for the markets with the Dow slipping 14 points to 11,132 while Nasdaq climbed 19 points to 2479. Currency war concerns continue to plague investors.
On the upside
Bloomberg News reported that Wilmington Trust (NYSE: WL) entered discussions with several potential suitors for the possible sale of the company.
Third quarter earnings more than doubled for Schlumberger (NYSE: SLB) as revenue surged.
Chipotle Mexican Grill (NYSE: CMG) reported sharply higher third quarter earnings that beat analyst expectations as revenue climbed.
On the downside
Conn's (Nasdaq: CONN) warned of losses for the third and fourth quarter and announced a rights offering.
VCA Antech (Nasdaq: WOOF) disappointed with lower third quarter earnings that fell short of analyst expectations.
Second quarter earnings for Indian outsourcing firm Wipro (NYSE: WIT) rose but the results missed estimates.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks rose 5 points to 703.
