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- US stocks closed mixed Wednesday after a choppy session amid fresh earnings.
- Microsoft shares fell after it cut revenue guidance. Investors are awaiting Tesla's report after the bell.
- The S&P 500 remains higher early in the new trading year.
US stocks ended mixed on Wednesday, with disappointing financial updates from Microsoft and Boeing making for a choppy session as investors determine how companies have been navigating through higher rates and an uncertain economic environment.
The S&P 500 lost ground for a second consecutive day but pared deeper losses. Of its 11 sectors, only the financial group managed to eke out a gain.