US stocks closed mixed on Wednesday as investors digested strong earnings reports from Dow members Boeing and Caterpillar and disappointing results from Apple.
Weaker-than-expected numbers on new-home sales also weighed on sentiment.
Lifted by industrial stocks, the Dow Jones Industrial Average of 30 blue-chip stocks finished at 12,676.05, up 58.73 points (0.47 percent).
The S&P 500-stock index ended virtually flat, down 0.42 point (0.03 percent) at 1,337.89.
The tech-rich Nasdaq dropped 8.75 points (0.31 percent) to 2,854.24.
NBK: GCC outlook positive despite oil price drop
The fall in oil prices to below $100 per barrel over the past few weeks has triggered some concerns over the potential impact on the Gulf region’s economy, said a recent report from NBK.
Bahrain real GDP grows 3.9pc in 2012
Bahrain's real gross domestic product (GDP) is estimated to have expanded 3.9 per cent last year from the 1.9 per cent growth seen in 2011, according to a new report.
Ma’aden Wins Two Global Industry Awards
Ma’aden has earned international recognition from Forbes Middle East and MEED for being among the top companies in the region, as well as for its outstanding contribution to development of the mining
Qatar plans overseas energy investment fund
Three Qatari state-backed entities, including the nation's acquisitive sovereign wealth fund, are to establish a new overseas fund which will look to invest in energy infrastructure, a statement sai