NEW YORK — Stocks are drifting mostly higher on Wall Street, but poor results from Pfizer are holding down the Dow Jones industrial average.
The Dow was down three points to 14,814 at midday today, a decline of 0.02 percent.
Pfizer fell the most in the Dow after reporting weaker earnings than analysts were expecting. The stock fell 90 cents, or 3 percent, to $29.54.
The Standard & Poor’s 500 edged index up two points to 1,595, an increase of 0.1 percent. That’s slightly above the record high close the S&P reached the day before.
The Nasdaq composite rose 13 points, or 0.4 percent, to 3,319.
Avon Products’ loss wasn’t as deep as analysts had expected. The stock rose 68 cents to $22.92, a gain of 3 percent.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.