02:13 PM EDT, 07/18/2024 (MT Newswires) -- US benchmark equity indexes were lower intraday as investors evaluated the latest set of corporate earnings and awaited Netflix's ( NFLX ) results.

The Dow Jones Industrial Average was down 0.6% at 40,935.1 after midday Thursday, while the Nasdaq Composite fell 0.5% to 17,991.9. The S&P 500 lost 0.4% to 5,565.3. Among sectors, health care saw the steepest drop, while energy led the gainers.

In company news, Domino's Pizza's (DPZ) second-quarter results rose year over year while the pizza restaurant chain temporarily suspended its long-term outlook for global net store growth. The company's shares were down nearly 14%, the steepest decline on the S&P 500.

D.R. Horton ( DHI ) was the best performer on the S&P 500, up 11%, after the homebuilder's fiscal third-quarter results unexpectedly advanced year over year while the company narrowed its revenue forecast for the full year.

Cintas ( CTAS ) shares rose 6.3%, the top gainer on the Nasdaq and among the best on the S&P 500, after the company's fiscal fourth-quarter earnings topped market estimates.

Streaming giant Netflix ( NFLX ) is scheduled to post results after the closing bell, along with companies such as Intuitive Surgical ( ISRG ) and PPG Industries ( PPG ) .

The US 10-year yield rose 3.5 basis points to 4.18% intraday, while the two-year rate gained 1.9 basis points to 4.45%.

In economic news, weekly applications for unemployment insurance in the US increased more than market expectations, while continuing claims reached their highest level since late November 2021, government data showed.

West Texas Intermediate crude oil was up 0.7% at $83.42 a barrel intraday.

On Wednesday, Federal Reserve Governor Christopher Waller said policymakers are "getting closer" to lowering interest rates amid growing signs that inflation is easing, though the job is not done yet.

Gold was little changed at $2,459.60 per troy ounce, while silver fell 0.3% to $30.28 per ounce.