U.S. stocks were mixed as a slew of earnings reports kept investors busy. Around 15 percent of S&P 500 companies have reported so far with industry titans including General Motors (GM) and Biogen (BIIB) out Thursday morning. SunEdison (SUNE) has filed for Chapter 11 bankruptcy protection after weeks of reports it was on the verge of doing so. The solar energy company secured $300 million in debtor-in-possession financing while it restructures. Stanley, Black & Decker (SWK) jumped after boosting earnings and revenue in its recent quarter. Southwest Airlines (LUV) reported a 13 percent increase in first-quarter profit thanks to cheaper fuel costs. Fuel and oil expenses fell nearly 3 percent over the recent quarter. TheStreet's Keris Lahiff has details from Wall Street.
More from Video
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.