U.S. stocks were mixed on Thursday, as traders digested several key earnings reports. As the closing bell, the Dow Jones Industrial Average ticked lower, the S&P 500 edged higher and the Nasdaq Composite gained more than 0.3%.
Utilities and materials names led the way higher on the session, while energy and consumer discretionary stocks lagged. Elsewhere, natural gas declined more than 3%. Qorvo (QRVO) and Whole Foods (WFM) were the big earnings-related losers on Thursday, falling 14% and 12%, respectively.
In after-hours action, Expedia (EXPE) is up more than 7% on a report in the New York Post that its acquisition of Orbitz (OWW) should receive regulatory approval next month. Elsewhere, LinkedIn (LNKD) is up after posting better-than-expected quarterly results. On the other hand, FireEye (FEYE) is down 6%, after reporting its own quarterly numbers.
Looking ahead to Friday morning, Chevron (CVX), Exxon Mobil (XOM), Newell Rubbermaid (NWL) and Tyco (TYC) headline the earnings calendar. On the economic front, we'll get a look at the employment cost index and ISM Milwaukee report before the opening bell.