U.S. stocks are mostly lower in midday trading, led by declines in energy companies as the price of oil falls again.
Chevron and Exxon Mobil were among the biggest decliners in the Dow Jones industrial average Wednesday.
The Dow was down 35 points, or 0.2 per cent, to 17,832 as of 11:55 a.m. Eastern time.
The Standard & Poor's 500 index slipped a point, less than 0.1 per cent, to 2,067. The Nasdaq composite rose 19 points, or 0.4 per cent, to 4,807.
The price of oil fell 70 cents to $49.33 a barrel in New York. Oil has lost more than half its value since last June as supplies increase and demand decreases.
PepsiCo rose 2 per cent after reporting earnings that were better than analysts were expecting.
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