The New York markets ended mixed on Wednesday.
The Dow Jones Industrial Average lost over 20 points to end 0.15 percent lower at 13,892.54 after falling more than 130 points in earlier trade, but the Nasdaq Composite added 1.04 percent to 2,792.67 and the S&P 500 gained 0.18 percent to 1,541.24.
The Nasdaq was helped by gains for chipmaker Intel (NAS: INTC; SEHK: 4335), which was up $1.24 to $26.72 after it said its earnings were up by 43 percent in the third quarter.
Yahoo (NAS:YHOO) was also higher, adding $2.13 to $28.82 after its third quarter profits were down less than had been anticipated.
Declines came on losses by IBM (NYSE: IBM), which fell $3.82 to $115.78 even though it said earnings were up by 6 percent, more than expected, after software revenue only added 3 percent in the quarter.
Manufacturer United Technologies (NYSE: UTX) was also lower, dropping $2.85 to $76.80 even though its profits were up by 20 percent in the third quarter after it said it sees the US economy slowing.
In the banking sector, JPMorgan Chase (NYSE: JPM; TYO: 8634) added $1.26 to $46.37 when it managed a 2 percent gain in profits in the third quarter even though it took losses related to home loans and corporate debt.