U.S. stocks closed lower Wednesday, as investors took in fresh corporate earnings.
The Nasdaq and the S&P 500 traded in a range before closing near their session lows of 4,836.46 and 2,017.22.
S&P 500 intradaySource: FactSet
The Dow Jones industrial average was also in a range, and nearly rose 100 points as Boeing pushed the blue chips index higher after reporting better-than-expected earnings.
Dow Jones industrial average intradaySource: FactSet
"The story in the Dow is United Technologies and Boeing versus UnitedHealth Group and Goldman Sachs," said Art Hogan, chief market strategist at Wunderlich Securities.
"Overall, we seem to be running at the same pace we've been running at the last few quarters," said Randy Frederick, managing director of trading and derivatives at Charles Schwab.
Shares of GM rose closed up 5.79 percent after rising over 6.5 percent, while Coca-Cola's stock traded slightly lower.
"That doesn't take away that only 44 percent of companies have beaten on revenues," said Nick Raich, CEO of The Earnings Scout.
"We've had some pretty rocky earnings, and volatility has been pretty much contained," said Peter Cardillo, chief market economist at Rockwell Global Capital.