NEW YORK (AP) — Stocks are mixed in midday trading as investors weigh stronger earnings from Boeing and Corning with uncertainty about the outcome of a key meeting among European leaders.
European officials will meet later in the day to discuss how to contain the region’s debt crisis. European indexes turned lower ahead of the meeting on doubts that an agreement will be reached.
Boeing rose 4 percent after it reported a bigger profit last quarter than analysts were expecting. Amazon slumped 11 percent after reporting a 73 percent drop in income.
The Dow Jones industrial average was up 66 points, or 0.6 percent, to 11,774 at 11:45 Eastern. The S&P 500 was up 3, or 0.2 percent, to 1,232. The Nasdaq composite was down 7, or 0.3 percent, to 2,632.