Stocks finished narrowly mixed, amidst much speculation that Egyptian President Hosni Mubarak would voluntary resign from his office. (He later announced that will stay on until September elections).
The Dow Jones Industrial Average slipped 10.60 points, or 0.09 percent, to close at 12,229.29. The S&P 500 rose 0.99 of point, 0.07 percent, to 1,321.87 The Nasdaq composite edged up 1.38 points, or 0.05 percent, to 2,790.45
The markets were dragged down by Cisco Systems Inc. (Nasdaq: CSCO) and Akamai Technologies Inc. (Nasdaq: AKAM) which plunged 14.16 percent and 15.09 percent, respectively on weak earnings results and tepid forecasts.
However, Whole Foods Market Inc. (Nasdaq: WFMI) surged 11.72 percent on strong eaninngs.
Bonds fell as the 10-year Treasury yield rose to 3.71 percent.
Oil futures rose almost 1 percent, while gold fell slightly.