The markets closed mixed with the Dow losing 24 points to 12,825 as crude oil prices surged to another record close and corporate earnings disappointed. Nasdaq added 5 points to 2408.
On the upside
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks fell 3 points to 718.