Stocks mixed following divergent corporate quarterly reports

NEW YORK (AP) -- Wall Street has turned in a narrowly mixed performance following a choppy session. Investors are clearly uneasy about buying stocks in an uncertain economy.

Reports of higher unemployment claims and weak readings on the national and Philadelphia-area economies reinforced the market's recession worries. Investors also contended with an unexpectedly large loss from Merrill Lynch & Co. and disappointing results from mobile phone maker Nokia Corp. and Harley-Davidson Inc.

A strong quarterly report from IBM Corp. countered the bad news.

The Dow Jones industrials are up about a point at the 12,620 level.


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