The Nasdaq rose on Wednesday for its 11th straight daily gain, buoyed by solid profits from Apple Inc and Starbucks Corp .

But the Dow Jones industrial average declined as investors sold some of the market's recent winners to take profits. The S&P 500 index was near break-even. Disappointing results from some banks and a drop in the energy sector <.GSPE> weighed on the Dow and the S&P 500.

The Dow Jones industrial average <.DJI> was down 34.68 points, or 0.39 percent, to end unofficially at 8,881.26. The Standard & Poor's 500 Index <.SPX> was down just 0.51 of a points or 0.05 percent, to finish unofficially at 954.07. But the Nasdaq Composite Index <.IXIC> was up 10.18 points, or 0.53 percent, to close unofficially at 1,926.38.

(Reporting by Edward Krudy; Editing by Jan Paschal)