U.S. equities are mixed
U.S. equities are mixed but with modest changes in cautious pre-market dealings. The Dow Jones mini is 0.1% in the green. The S&P 500 is 0.03% weaker and the NASDAQ is down just 0.3% after both indexes posted record high closes on Tuesday. The earnings flood continues today -- EBAY (+4.1%) beat expectations, Snap's (+2.8%) Q1 update was encouraging, Robert Half disappointed, Superior Energy reported a larger than expected loss and Owens Corning missed estimates. Boeing delayed its 2019 forecast as it evaluates the impact of the grounding of the 737 Max jetliner. Europe is also mixed -- the Euro Stoxx is 0.1% higher, the CAC 40 is down 0.3%, the DAX is enjoying a 0.7% gain while the IBEX has contracted 0.5%. The FTSE 100 is down 0.5%. In Asia, China's CSI 300 climbed 0.3%, but reports of a moderation in government stimulus are limiting the upside. Japan's Nikkei 225 fell 0.3% and Hong Kong's Hang Seng lost 0.5%.