Stocks Ended Mostly Lower as Trade Worries Lingered

U.S. stocks ended flat to slightly lower on Wednesday, as investors considered whether the U.S. and China would come to an agreement to resolve a more than year-long trade dispute before new tariffs are set to take effect Friday. The Dow Jones Industrial Average gained 2.24 points, or 0.01%, to 25,967.33. The S&P 500 was down 4.63 points, or 0.16%, to 2,879.42. The Nasdaq Composite fell 20.44 points, or 0.26%, to 7,943.32.

Crude-oil prices climbed Wednesday, buoyed as U.S. crude supplies registered a larger-than-expected decline and as growing tensions between the U.S. and Iran raised the threat of disruptions to supplies in the Middle East. West Texas Intermediate crude for June delivery added 72 cents, or 1.2%, to settle at $62.12 a barrel.July Brent crude rose 49 cents, or 0.7% to $70.37 a barrel.

Disney reported results for its fiscal second quarter that topped consensus expectation. The company posted adjusted earnings of $1.61 per share on revenue of $14.92 billion. In the year-ago quarter, Disney posted adjusted earnings of $1.84 per share on revenue of $14.55 billion.

Roku (ROKU) reported its Q1 2019 financial results on Wednesday beating analysts expectations. The streaming device maker reported $207 million in revenue versus analysts estimates of $190 million. The company saw losses per share of $0.09. Analysts estimated the company would see losses of $0.26 per share.

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