Following the market opening Thursday, the Dow traded up 0.55 percent to 25,553.43 while the NASDAQ declined 0.83 percent to 7,866.60. The S&P also fell, dropping 0.19 percent to 2,840.62.

Leading and Lagging Sectors;

Thursday morning, the consumer staples shares climbed 1.26 percent. Meanwhile, top gainers in the sector included Supervalu Inc. SVU 64.54% up 65 percent, and Smart & Final Stores, Inc. SFS 10.81% up 12 percent.

In trading on Thursday, information technology shares fell 1.73 percent.

Top Headline;

Facebook, Inc. FB 19.03% reported upbeat earnings for its second quarter, while sales missed estimates.

Earnings came in at $1.74, beating estimates by 2 cents. Sales came in at $13.03 billion, missing estimates by $322 million. Daily active users were up 11 percent year-over-year in the quarter.

Equities Trading UP;

Supervalu Inc. SVU 64.54% shares shot up 64 percent to $31.82 after the company agreed to be acquired by United Natural Foods UNFI 14.13% for $32.50 per share in cash.

Shares of Bridgepoint Education, Inc. BPI 38.07% got a boost, shooting up 38 percent to $11.18 after the company posted upbeat Q2 results.

PCM, Inc. PCMI 23.49% shares were also up, gaining 26 percent to $19.90 following a second-quarter earnings beat.

Equities Trading DOWN;

MoSys, Inc. MOSY 43.24% shares dropped 39 percent to $1.306. MoSys posted Q2 earnings of $0.06 per share on sales of $4.6 million. The company also issued weak Q3 sales forecast.

Shares of Superconductor Technologies Inc. SCON 40.94% were down 40 percent to $3.03 after the company reported pricing of $9 million public offering.

Nielsen Holdings plc NLSN 24.23% was down, falling around 25 percent to $22.31 after the company disclosed quarterly financial results. The company also revealed that its CEO Mitch Barns will retire at the end of year.


In commodity news, oil traded down 0.06 percent to $69.26 while gold traded down 0.22 percent to $1,238.30.

Silver traded down 0.15 percent Thursday to $15.565, while copper rose 0.20 to $2.823.


European shares were mostly higher today. The eurozone’s STOXX 600 climbed 0.46 percent, the Spanish Ibex Index rose 0.80 percent, while Italy’s FTSE MIB Index rose 1.03 percent. Meanwhile the German DAX climbed 1.31 percent, and the French CAC 40 rose 0.36 percent while U.K. shares fell 0.03 percent.


U.S. durable goods orders increased 1 percent for June.

The U.S. trade deficit in goods increased 5.5 percent to $68.3 billion in June.

Initial jobless claims rose 9,000 to 217,000 in the latest week. However, economists projected claims to reach 215,000.

The Energy Information Administration’s weekly report on natural gas stocks in underground storage is schedule for release at 10:30 a.m. ET.

The Kansas City Fed manufacturing index for July is schedule for release at 11:00 a.m. ET.

The Treasury will auction 7-year notes at 1:00 p.m. ET.

Data on money supply for the recent week will be released at 4:30 p.m. ET.