U.S. stock indexes wavered intraday as investors assessed a mixed batch of corporate earnings. The Dow Jones Industrial Average added 8 points, or less than 0.1%, to 20922 intraday. The S&P 500 and the Nasdaq Composite both fell 0.1%. Major stock indexes have mostly climbed over the past two weeks, supported by reports pointing to corporate strength. With more than two-thirds of S&P 500 companies having reported results, firms are on track to post their best results since the third quarter of 2011, according to FactSet. Still, some investors caution that stocks in the U.S. look expensive relative to their historical averages, making them vulnerable to a pullback.
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