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Benzinga
Benzinga
Business
Lisa Levin

Mid-Day Market Update: Nasdaq Edges Lower; Brinker International Shares Surge Following Upbeat Earnings

Nasdaq EAT United States Alphabet Inc. NYSE

US stocks pared earlier gains, with the Nasdaq Composite turning lower on Wednesday. Alphabet Inc. (NASDAQ:GOOGL) reported upbeat results for its fourth quarter and also announced a 20-for-1 stock split.

Midway through trading Wednesday, the Dow traded up 0.10% to 35,439.05 while the NASDAQ fell 0.04% to 14,340.88. The S&P also rose, gaining, 0.39% to 4,564.17.

Also check this: Executives buy more than $600 million of 3 stocks

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