Wall Street was in record territory Thursday as a mixed batch of corporate earnings streamed in, according to the Associated Press.
The S&P 500 climbed 0.2% one day after hitting a new high. The Dow Jones Industrial Average bounced back from an early slide to add 0.1%, and the Nasdaq was 0.5% higher.
Technology and communication services saw gains that balanced declines in health care and most other sectors.
Broadcom was up 2.5%, Oracle 2% and Google parent Alphabet 2.1%.
Tech giant Nvidia fell 1.2% a day after its reported quarterly earnings and revenue beat Wall Street forecasts.
Best Buy slipped 5% after the consumer electronics chain’s second-quarter snapshot was overshadowed by a tariff-clouded outlook.
Urban Outfitters plummeted 9.7% and also warned that it expects tariffs will increase pressure on its gross margins in the second half of the year.
Dick’s Sporting Goods fell 4.1% despite reporting second-quarter results that beat analysts’ expectations.
Victoria’s Secret & Co. gave up an early gain and was down 1.7%
Retail chain Burlington Stores bucked the trend, climbing 7% after its latest earnings topped analysts’ estimates.
