Dow and S&P 500 indexes finish higher

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Dow Jones Industrial Average

Last Updated at 21 Feb 2018, 20:59 GMT *Chart shows local time Dow Jones intraday chart
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(Close): The Dow Jones and S&P 500 indexes ended higher, helped by energy stocks and corporate earnings that beat analysts' expectations.

The Dow closed 59.66 points up, or 0.33%, at 18,036.7, and the S&P 500 rose 3.41 points, or 0.16%, to 2,095.8.

But the tech-rich Nasdaq index fell 10.96 points, or 0.22%, to 4,977.29.

JP Morgan rose 1.56% after reporting a rise in profits, while Chevron and Exxon rose 2.2% and 1.5% respectively on the back of a rise in oil prices.

US benchmark crude rose $1.38 to $53.29 a barrel in New York.

JP Morgan reported a 12% rise in profit to $5.91bn for the three months to the end of March, as revenue from bond trading improved.

Johnson & Johnson shares were flat despite its first-quarter results beating analysts' expectations.

Net profit fell to $4.32bn from $4.73bn, but this was not as bad as forecast. However, the company also cut its full-year profit forecast to $6.04-$6.19 per share from $6.12-$6.27, with the strong dollar hitting returns from its businesses outside the US.