Stocks in New York are stepping back from record levels.
The Dow Jones Industrials dropped 98.99 points to 35,657.89, from Tuesday's all-time record.
The S&P 500 dipped 2.45 points to 4,572.34, from Tuesday's record high.
The NASDAQ Composite picked up 50.44 points to 15.286.15.
Microsoft and Alphabet were among the headline reports after the bell Tuesday, with both topping revenue expectations. Microsoft shares rose 2.6%.
General Motors shares fell more than 1% even after the industrial giant topped Wall Street's earnings and revenue estimates for the third quarter.
Boeing saw its stock rising slightly after the company reported better-than-expected free cash flow. The aircraft maker posted a wider-than-expected loss, however.
Robinhood shares were getting slammed, down 11% the day after the trading app reported revenue well below expectations primarily due to weakness in crypto trading.
So far roughly 30% of the S&P 500 has reported earnings. Of the names that have posted quarterly updates, 82% have topped earnings expectations, while 80% have exceeded revenue estimates. Strong results have been key to pushing the major averages to new highs.
Texas Instruments shares tumbled 4% after the company missed revenue estimates while Visa fell 2.5% despite beating on the top and bottom lines. Enphase Energy leaped 12.7% after reporting record revenue in face of supply chain headwinds.
Coca-Cola rose 2.6% after the company posted a beat on the top and bottom lines and raised its outlook, saying the business was getting stronger particularly in areas where the Covid recovery has been the best.
Prices for 10-year Treasurys gained ground, lowering yields to 1.58% from Tuesday's 1.61%. Treasury prices and yields move in opposite directions.
Oil prices weakened 69 cents to $83.96 U.S. a barrel.
Gold prices slid $7.10 to $1,786.30 U.S. an ounce.