(by Dr. Goldfinger)

US stocks ended mix yesterday on news from oli market, disappointing corporate earnings and mixed economic news.

The Dow Jones Industrial Average rose 31.93 points, or 0.3% to 10,117.07 after falling as low as 9,994 intraday. The S&P 500 rose 0.59, or 0.1%, to 1,095.42. The Nasdaq Composite Index finished down 10.84 points, or 0.6%, at 1,858.26, well off its intraday low of 1,832.

Time Warner posted earnings that topped expectations on the back of the latest Harry Potter film and improved ad sales. After initial gains, the media company’s stock surrendered to the downward momentum, declining 1.5 per cent to $16.65.

Boeing posted solid earnings and upped its guidance for next year, thanks to stronger military sales. The defence company’s shares rose 1.6 per cent to $49.01.

Shares of Career Education, the operator of for-profit colleges, shed 24.4 per cent to $33.63. The company, currently under investigation by the Securities and Exchange Commission, posted better than expected earnings late on Tuesday. But student enrolment figures disappointed Wall Street, raising concerns about the company’s growth prospects.