The Australian sharemarket gave back early gains to eventually close 0.4% in the black with mining stocks the best performers.
US Stocks Pull Back After Disappointing ... US stocks fell, surrendering early gains, after a wave of disappointing economic data offset strong earnings from blue chips and the Federal Reserve's pledge to hold down interest rates.
The Dow Jones fell 22 points, or 0.2%, to 12,735, closing in the red for the third time in four sessions.
The Standard & Poor's 500-stock index fell 7 points, or 0.6%, to 1,318, while the Nasdaq was off 13 points, or 0.5%, to 2,805.
Aussie shares rally 1.1% The big banks led Australian stocks higher Wednesday after a positive earnings result from US tech giant Apple boosted sentiment.
US Stocks Lower With Europe Back In Focu... US Stocks declined, as investors eyed a standoff in Greece's debt-reduction talks and mixed quarterly earnings from a basket of major companies.
The Dow Jones fell 33 points (0.3%) to 12,676 to post its second consecutive decline for the first time in nearly three weeks.
The Standard & Poor's 500-stock index shed 1 point (0.1%) to 1,315, and the Nasdaq rose 2 points (0.1) to 2,787.
Data pointed to economic resilience in the euro zone, with a survey showing manufacturing activity improving for a third month.