Dunkin' Brands Surges; Mixed Earnings Weigh on Wall Street

Stocks were caught in a tug-of-war between pleasing earnings reports from the likes of eBay (EBAY) and AT&T (T), and quarterly disappointments from General Motors (GM) and Qualcomm (QCOM). Dunkin' Brands (DNKN) was among the best performers on the Nasdaq after beating quarterly estimates on its top- and bottom-line. The company also boosted full-year guidance based on partnerships with J.M. Smucker (SJM) and Keurig (GMCR) to sell Dunkin' K-cups at stores nationwide. Shoe brand Skechers (SKX) knocked its quarter out of the park, reporting a 41% surge in sales and beating profit estimates. Texas Instruments (TXN) dragged on the S&P 500.