NEW YORK (AP) — Mixed corporate earnings reports are sending stock indexes wobbling in midday trading.
Stocks are falling broadly. Technology companies are the only one of the 10 company groups that make up the S&P 500 index to edge higher.
Consumer products maker Kimberly-Clark is down 3 percent after missing earnings estimates. Auto parts maker Johnson Controls is down nearly 4 percent saying it expects revenue to drop due to the earthquake in Japan.
Movie rental company Netflix Inc. will report earnings after the market closes.
The Dow Jones industrial average is down 49 points, or 0.4 percent, to 12,457. The S&P 500 is down 4, or 0.3 percent, to 1,333. The Nasdaq composite is down 4, or 0.1 percent, to 2,816.
