Stocks were mostly lower on Wednesday as Wall Street struggled to extend its rally despite another strong batch of corporate earnings.
The Dow Jones Industrials forged ahead 14.73 points to 30,538.53.
The S&P 500 dropped 11.23 points to 3,708.75.
The NASDAQ remained negative 45.5 points to 10,729.90.
The tepid moves came even as Netflix shares rallied 15% after the streaming giant posted earnings and revenue that beat estimates as well as strong subscriber growth for the third quarter.
United Airlines climbed more than 7% after it also beat estimates on the top and bottom lines.
The solid start to earnings season comes as many on Wall Street have been resetting their earnings projections lower and investors are worried about a recession. Even though equities have rallied in the first two days of the week, Treasury yields remain high and rose on Wednesday, suggesting that recession fears are still intact.
Among the biggest loses in the NASDAQ were Chinese tech stocks JD.com and Pinduoduo, each falling more than 4%. Abbott Labs was one of the worst performers in the S&P 500, falling more than 7% despite beating third-quarter expectations.
Tech earnings will be in full swing next week, but IBM and Tesla are on deck to report Wednesday. Social media firm Snap will report later in the week.
In economic data, investors are looking forward to housing starts on Wednesday. The Federal Reserve's so-called Beige Book, the central bank's report on the current state of economic conditions, will come out as well.
Treasury prices recovered lost ground, dropping yields to 4.10% from Tuesday's 4%. Treasury prices and yields move in opposite directions.
Oil prices advanced 66 cents to $83.48 U.S. a barrel.
Gold prices fell back $19.60 to $1,636.20 U.S. an ounce.
NASDAQ Falls in Choppy Trading