Business

Wall Street flat as results scrutinised

NYSE traders Image copyright Reuters

US markets were little changed on Thursday as investors assessed the latest wave of results.

After closing at a record high on Wednesday, the Dow Jones fell 0.1% to 21,611.78.

The wider S&P 500 index slipped 0.02% to 2,473.45 while the Nasdaq index rose 0.08% to 6,390.

Shares in chipmaker Qualcomm dropped nearly 5% after its forecast for fourth quarter profits fell below market estimates.

Cigarette giant Philip Morris fell 1.2% after its quarterly profit missed expectations.