REUTERS: U.S. stocks hovered below their all-time highs on Wednesday, as investors digested a mixed batch of earnings reports and losses in energy stocks limited gains on the indexes.
"Traders are watching earnings very closely to see if the continued surprises can ease some of those concerns, and continue to push these markets into even higher record territory." AT&T Inc declined 4.4per cent after the second-largest U.S. wireless carrier reported quarterly revenue below Wall Street estimates.
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