Indices ended the session mixed on Wednesday. The Dow closed slightly in the red zone, the S&P 500 rebounded and the Nasdaq traded to a new record level. Moves were mixed on a variety of economic news. Walt Disney tacked on 1.11%. The company boosted its bid for Twenty-First Century Fox to $71.3 billion just hours before a meeting to discuss a rival offer from Comcast. In other M&A news, AT&T is in talks to purchase advertising technology company AppNexus. Looking elsewhere, FedEx shed 2.7% today after posting fourth-quarter earnings of $5.91 a share. The results exceeded expectations of $5.70. Revenue of $17.3 billion bettered estimates of $17.22 billion.