Airplane maker Boeing's quarterly report showed revenue beating expectations and the shares of the manufacturing giant jumped 3 percent. AT&T went the other way, down 1.9 percent after failing to match expectations.
The Dow Jones industrial average gave up 43.16 points, or 0.29 percent, to 14,676.30. The S&P 500 added 0.01 point -- less than 0.01 percent -- to 1,578.79. The Nasdaq composite index of tech-dominated stocks gained 0.32 points, or 0.01 percent, to 3,269.65.
On the New York Stock Exchange, 1,973 stocks advanced and 1,058 declined on a volume of 3.5 billion shares traded.
Gold gained $22.10 to reach $1,431 per troy ounce on the Comex division of the New York Mercantile Exchange. NYMEX West Texas Intermediate crude oil closed at $91.58 per barrel, up $2.40.
The 10-year U.S. treasury note rose 1/32 to yield 1.709 percent.
Against the dollar, the euro was higher $1.3018 from Tuesday's $1.3001. Against the yen, the dollar rose to 99.50 yen from 99.45 yen.
The Nikkei 225 in Japan added 2.32 percent or 313.81 points to finish at 13,843.46.
The FTSE 100 index in Britain added 0.4 percent or 25.64 points to reach 6,431.76.
On the Chicago Board of Trade, corn for July delivery gained 3.75 cents to reach $6.1775 per bushel. July soybeans dropped 14.5 cents to $13.44 and July wheat lost 4.75 cents to settle at $6.9075.