Wednesday's early afternoon trade: Dow inches up to record-high

Prepared When the Market Cools Off

Wednesday's early afternoon trade: Dow inches up to record-high

For the week, the Dow was up 0.4 percent and the S&P 500 was up 0.2 percent.

USA stocks closed lower on Thursday as investors digested third quarter earnings reports as well as latest economic data. The focus will now shift to JPMorgan Chase and Citigroup, which report results on Thursday, with analysts warning that bank results will largely be held back by a lack of volatility, compared with a year earlier.

The S&P's 500 index gained 4.60 points, or 0.2%, to 2,555.24. The Nasdaq Composite index rose 0.2% to a record close at 6,605.80, and 0.2% on the week for a third weekly gain in a row.

Gains in Wal-Mart and Johnson & Johnson nudged the Dow Jones Industrial Average to another record level on Wednesday, but the broader market was sluggish ahead of big bank earnings. The consumer price index rose 0.6 percent last month, below the expected gain of 0.7 percent.

Does Netflix, Inc. (NASDAQ:NFLX) Have Potential for Future Growth?
They now have a $235.00 price target on the Internet television network's stock, up from their previous price target of $200.00. Finally, Harfst & Associates Inc. acquired a new stake in shares of Netflix in the first quarter valued at about $109,000.

Isaiah Thomas Opens Up: "Worst Year Of My Life"
The five-foot-nine Thomas became a star and fan favourite in Boston during his three seasons with the club. He said he would but he couldn't say if Thomas felt the same way. "But it takes more than talent".

Sirius XM Holdings Inc. (NASDAQ:SIRI), Morgan Stanley (NYSE:MS)
Considering that the stock daily volume of 20.33 million shares, this represents a pretty noteworthy trading in volume size. Chiron Investment Management LLC increased its position in shares of Sirius XM Holdings by 143.9% during the 2nd quarter.

The Nasdaq is up 1,208.39 points, or 22.4 percent.

The Russell 2000 index of smaller-company stocks shed 1.76 points, or 0.1 percent, to 1,505.16.

The reports from the Wall Street banks kicked off the third-quarter earnings season, with investors hoping profit growth will help justify valuations after a rally that has sent the S&P 500 up about 14 percent so far this year.

Centene (CNC.N) sank 3.3 percent, Molina Healthcare (MOH.N) dropped 3.4 percent and Anthem (ANTM.N) fell 3.1 percent. The Dow Jones Small-Cap Value TSM Index closed at 10,069.27 for a loss of 4.22 points or 0.04%.

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