The markets closed mixed with the Dow slipping 5 points to 16,315 as investors weighed upbeat earnings against a slowing global economy. Nasdaq rose 13 points to 4,227.
On the upside
Quiksilver (NYSE: ZQK) named Andy Mooney to the position of chairman and Pierre Agnes as president effective November 1, 2014.
Sears Holdings (Nasdaq: SHLD) apologized that a ring with a swastika was listed for sale on its Marketplace online site.
Intel (Nasdaq: INTC) reported higher third quarter earnings that topped analyst estimates.
On the downside
Falling crude oil prices weighed down shares of Midstates Petroleum (NYSE: MPO).
Apple (Nasdaq: AAPL) requested that a court allow the technology giant to file under seal its objections to GT Advanced's (Nasdaq: GTAT) bankruptcy motions .
Concerns arose that Advanced Micro Devices (NYSE: AMD) may disappoint when it reports earnings later this week.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 added 2 points to 1877. Bitcoin rose $12 to $402.
Mixed close over global concerns
October 14, 2014 at 18:32 PM EDT