Dow hits new high as it climbs for 8th day

Stocks ended mixed Tuesday, but the Dow Jones industrial average climbed for an eighth straight day, hitting a new closing high.

The Dow gained 0.1%, up 26 points to its new record of 18,559.01.

But the broader market was slightly lower despite better-than-expected earnings reports from Goldman Sachs and three other components of the blue chip stock index.

The Standard & Poor's 500 stock index fell 0.1%, while the Nasdaq composite slipped 0.4%.

Despite earnings beats from Goldman Sachs (GS), health care giant Johnson & Johnson (JNJ), tech play IBM (IBM) and health care name United Heathcare (UNH), the Dow was only up slightly.

Goldman Sachs' Q2 income beats estimates, revenue falls

Both the Dow and the S&P 500 are coming off another record high and now are both up more than 6% for the year. The Nasdaq kicks off today's trading session 3.1% below its all-time high from July 2015 and the small-cap Russell 2000 index is still nearly 7% below its record.

Shares of Goldman Sachs, which topped analyst forecasts by nearly 70 cents per share, fell 1.3%. J&J stock was 1.7% higher, IBM edged down 0.3% and United Healthcare was up 0.8%.

Johnson & Johnson tops Wall Street expectations and lifts forecast

The stock rally also lost steam globally. The broad Stoxx Europe 600 index was off 0.4%, and shares were also lower in Paris, London and Germany. Stocks were mixed in Asia, with Japan's Nikkei 225 rising 1.4% and stocks in Hong Kong and mainland China closing down 0.6% and 0.2%, respectively.