The Closing Look

Stocks ended mixed on Thursday as investors digested the latest round of earnings and economic data. Economic data was mixed. Jobless claims came in at 266, compared to the Street’s estimate for 264k. The Kansas City Manufacturing index came in at negative -6, missing estimates for positive 2. Overnight, The Bank of Japan is scheduled to announce its decision on monetary policy and Friday morning U.S. GDP will be announced. Alphabet (GOOG) and Amazon (AMZN) were some of the stocks that reported earnings after the bell.

Gary’s Thoughts: Since many asking…Facebook gap sold off…AAPL gap holding for the most part. FB into highs…AAPL has tons of resistance to deal with. Facebook numbers incredible…AAPL numbers terrible. Go figure!