Markets

Stocks Grinding Higher as Upbeat Earnings Eclipse Weak Factory Data

Stocks were cautiously higher Wednesday following positive earning results from heavy-hitters Intel ( INTC ) and Delta Airlines ( DAL ), upstaging disappointing manufacturing data earlier today and hawkish remarks from a member of the Federal Reserve. The S&P 500 was challenging Monday's high-water mark, aided by sizable gains for energy stocks, while the Dow Jones Industrial Average was fighting downdrafts from the health care sector, including a decline for component company United Healthcare ( UNH ) ahead of its Q1 earnings tomorrow.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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