U.S. Stocks Little Changed as Chipmakers Slide Offsets Netflix

U.S. stocks were little changed, after the Standard & Poor’s 500 Index neared a record, as semiconductors declined on SanDisk Corp. results to offset a rally in Netflix Inc.

SanDisk sank 4.5 percent after predicting 2015 sales that fell short of analysts’ estimates. Netflix Inc. surged 18 percent as it reported a jump in quarterly subscribers. Citigroup Inc. added 1.5 percent as results topped estimates, and UnitedHealth Group Inc. gained 3.7 percent after raising its full-year forecast.