Wayfair, Travelers, PPG Industries, and More

U.S. equities gained at midday, with the S&P 500 trading above its all-time closing high, after several strong earnings reports. The Dow and Nasdaq were also in positive territory.

The Travelers Companies (TRV) shares hit a record after the insurance provider reported its profit more than doubled on a jump in premiums and investment income, and lower catastrophe payouts.

Shares of Texas Instruments (TXN) also gained as UBS upgraded the stock and raised the price target, saying the chipmaker has advantages over its rivals.

State Street (STT) shares advanced as the financial firm posted better-than-expected results on strong inflows. 

PPG Industries (PPG) shares fell after the paint and coatings manufacturer gave guidance that was short of analysts’ forecasts.

Shares of Walgreens Boots Alliance (WBA) tumbled for an eighth straight day as director Nancy Schlichting sold more than $350,000 shares of the pharmacy chain.

Walmart (WMT) shares declined after the giant retailer boosted pay for its store managers. 

Oil futures slipped and gold prices rose. The yield on the 10-year Treasury note was up. The U.S. dollar climbed versus the pound and yen, but fell to the euro. Most major cryptocurrencies traded lower.