U.S. stocks fluctuated as energy companies gained amid a rebound in crude, while quarterly results from Alcoa Inc. and Bed Bath & Beyond Inc. disappointed investors.
Alcoa dropped 4.2 percent after quarterly sales missed projections and the biggest U.S. aluminum producer forecast a global supply glut for the metal in 2015. Bed Bath & Beyond declined 5.5 percent, leading retailers down after lower-than-estimated earnings and outlook. Halliburton Co. and Anadarko Petroleum Corp. added more than 3.2 percent as oil rose after its biggest drop in two months.
The Standard & Poor™s 500 Index rose 0.1 percent to 2,084.27 at 12:26 p.m. in New York, with the index trading around its average price for the past 50 days. The Dow Jones Industrial Average added 12.08 points, or 0.1 percent, to 17,914.59. The Nasdaq Composite Index increased 0.2 percent.