S&P 500 dips; weak industrials blot out shining tech stocks

U.S. stock indexes pulled further back from their record highs on Thursday after a cavalcade of industrial companies turned in weak earnings reports, blotting out a set of blowout results from big-name tech companies. United Parcel Service said its net income fell 17% on nearly flat revenue, and Illinois Tool Works had weaker revenue than analysts forecast. Rockwell Automation said that automotive related sales were less than it expected last quarter.

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