US stocks mixed

Stocks wobbled to a mixed close today as a government report showed an improved supply outlook for oil, and the first day of earnings season forced investors to shift their focus to company news.

With first-quarter reports starting, investors were in the early stages of trying to assess what corporate earnings might reveal about the economy’s momentum. Wall Street is likely to pay particular attention to the results of industrials and financial companies as it eyes the impact rising interest rates have had over the course of 2005’s first quarter.