Wall Street closes mixed: bulls stepping back?

Wall Street gave in skepticism over recent highs across the bourses in America having closed at record highs for a number of weeks. 

Second-quarter earnings were mixed and continue to point to a market that has too much hot air keeping stocks elevated all the while the Fed are not in a position to hike interest rates. 

However, the Dow still was able to pull-off a new record high and it gained 26.03 points, or 0.1%, to 18,559.08, finishing higher for the eighth straight day while the S&P dropped a few points for another red session as the energy sector continues to suffer. It shed 3.11 points, or 0.1%%, to 2,163.78. The Nasdaq composite closed less than half a pct point lower as well, slipping 19.41 points, or 0.4%, to 5,036.37.

However, and to some surprise, the banking sector managed to offer better than expected earnings, with the usual suspects such as Goldman Sachs, Citigroup, JPMorgan Chase, and Bank of America producing healthy second-quarter profit forecasts.