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US stocks close mixed as concerns over bond yields continue

UNITED STATES (OBSERVATORY) –¬†Wall Street’s main performance was mixed on Wednesday as the market drew optimism from positive corporate earnings and tensions over rising bond yields.

The Dow Jones industrial average was up 59.70 points, or 0.25 percent, at 2,4083.83. The broader Standard & Poor’s 500 Index <.SPX> was up 4.84 points, or 0.18 percent, at 2,639.40.

The Nasdaq Composite Index closed down 3.62 points, or 0.05 percent, at 7003.74.