us stock were mostly lower thursday though the dow jones industrial average was on track to rise for a ninth straight session in what would be its longest winning streak in nearly six years on wednesday the dow notched its eight straight winning session while the sp 500 rose 02 and the nasdaq eked out a tiny gain after lagging behind the sp 500 and nasdaq for most of the year the dow jones industrial average has climbed over the past two weeks the bluechip gauge is now heading for its longest streak of daily gains since sept 20 2017 according to dow jones market data its the latest milestone as value stocks and other lagging sectors of the market appear to be playing catch up said paul nolte senior wealth adviser and market strategist at murphy  sylvest wealth management during a phone interview with marketwatch although the dows yeartodate gains are still well behind those of the sp 500 with the bluechip gauge up 66 since jan 1 factset data show on wednesday the sp 500 and nasdaq closed at their highest levels in nearly 16 months were finally seeing the rotation to value he said the dow is playing catch up with the sp 500 and the nasdaq technology stocks were lagging following earnings from netflix incnflx released late wednesday which showed that revenue fell short shares fell 83 tesla inctsla shares fell 9 after the electric vehicle maker beat wall street expectations for its second quarter but not in the blowout fashion that some market observers were expecting netflix missed sales estimates and issued lowerthanexpected q3 guidance while teslas results showed shrinking profitability with squeeze on margins said henry allen strategist at deutsche bank meanwhile shares of ibm corp ibm and johnson  johnson jnj drove the dow higher after both companies beat earnings expectations bad news for netflix seemed to infect other megacap technology names as alphabet inc class agoogl and alphabet inc googl retreated as did shares of apple incaapl and microsoft corp msft after the latter hit a record this week investors also digested earnings from american airlines group incaal and blackstone inc bx which reported before the opening bell after the close investors will hear from capital one financial corpcof csx corp csx and first financial bancorpffbc along with a few others in us economic data weekly jobless benefit claims data showed the number of americans applying for firsttime unemployment benefits fell to a twomonth low meanwhile the philadelphia feds gauge of manufacturing activity came in at negative 135 in july up from 137 during the prior month existing home sales fell in june while leading index of economic indicators dropped 07 in june falling for the 15th month in a row this content was created by marketwatch which is operated by dow jones  co marketwatch is published independently from dow jones newswires and the wall street journal