India, July 24 -- Wall Street turned in a mixed performance on Thursday after a strong session a day earlier, with the NASDAQ and the S&P 500 opening higher and hitting fresh record closing highs.

Conversely, the Dow opened in the red and remained under water throughout the day, weighed by losses from heavyweight IBM, which may be facing an investigation into billing practices.

The Dow stumbled 316.38 points or 0.70 percent to finish at 44,693.91, while the NASDAQ gained 37.94 points or 0.18 percent to close ar 21,057.96 and the S&P 500 rose 4.44 points or 0.07 percent to end at 6,363.35.

The early strength on Wall Street came on optimism that the U.S. could sign up more deals with its remaining trading partners before President Donald T...