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US stocks edge back from their record following the first big batch of profit reports for the summer

NEW YORK (AP) — The first big batch of summertime profit reports from U. S. companies made waves on Wall Street after topping analysts’ expectations, but many canceled each other out. That left U. S. stock indexes little changed near their records on Tuesday. The S&P 500 edged down by less than 0. 1% and pulled a bit further from its all-time high set last week. The Dow Jones Industrial Average fell 180 points, or 0. 3%, while the Nasdaq composite dipped 0. 2%. Those modest moves masked 4%...

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