Stocks are drifting as investors pore over another batch of earnings reports from U.S. companies.

The S&P 500 slipped 0.1% early Thursday. The Dow Jones Industrial Average was essentially flat, and the Nasdaq composite fell 0.2%.

DoorDash sank after warning investors that it will be spending significantly more on product development next year.

Rockwell Automation jumped after turning in results that easily beat analysts’ forecasts.

European markets edged lower after a divided Bank of England kept its main interest rate unchanged.

Asian markets closed higher.

Treasury yields moved lower in the bond market.