US closes mostly flat amid earnings reports - Breaking The News
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US closes mostly flat amid earnings reports

EPA/PETER FOLEY

Major US stock markets closed mostly flat on Friday amid the release of new earnings reports.

Earnings statements continued rolling in today, with SLB reporting a revenue increase of 20% for the second quarter, while American Express posted all-time high revenue of $15.1 billion. Also, during the day, Biden reaffirmed his administration's commitment to AI and "responsible innovation."

The Dow Jones and the S&P 500 were flat at the close. Meanwhile, the Nasdaq 100 fell 0.26%, as Sirius XM was leading the flops, decreasing by 9.35%.

The euro was down by 0.05% against the dollar at 3:58 pm ET, selling for $1.11242.

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