And now begins the afternoon push north…

The S&P 500 and the Dow gave up early gains on Tuesday, but were still within shouting distance of their record highs, as investors assessed weak earnings reports by IBM and Netflix.A rebound in oil and better-than-expected earnings from Goldman Sachs and Johnson & Johnson had pushed the S&P briefly over 2,100, within 30 points of its record high.The Nasdaq composite was weighed by a 25 percent slide in Illumina. The diagnostic test maker’s shares were trading at $133.81 after the company’s preliminary results fell short of expectations.

Source: Wall St. flat as weak earnings offset rise in oil | Reuters