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.

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%.

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.