Closing Bell: S&P Cuts Outlook on Deutsche; Dow Seals New Record

Better-than-expected earnings from Johnson & Johnson pushed the Dow Jones Industrial Average to close out the day with another record.
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Better-than-expected earnings from Johnson & Johnson  (JNJ) - Get Report pushed the Dow Jones Industrial Averageto close out the day with another record, while disappointment over Netflix  (NFLX) - Get Report pushed the S&P 500and Nasdaq into the red. VMware (VMW) - Get Report was one of the positive earnings reports out with growing momentum pushing sales up 11 percent for its recent quarter. MKM Partners raised their price target on the cloud-computing company following the better-than-expected results. Deutsche Bank (DB) - Get Report slid after its credit outlook was cut to NEGATIVE from STABLE at S&P Global Ratings. Analysts pointed to market conditions which have grown more volatile since the U.K. voted to exit the EU last month. Halliburton  (HAL) - Get Report moved lower ahead of its earnings report due out before the bell Wednesday. Analysts expect the oil services provider to report a sharp swing to a net loss from adjusted earnings a year earlier. TheStreet's Keris Lahiff reports from Wall Street.