Mixed Results
Thursday, February 2, 2017 at 7:29PM
HensslerFinancial in Market Commentary

Indices ended trading with mixed moves on Thursday. The Dow and Nasdaq shed some points. The S&P 500 closed with fractional gains. The session was mixed on a variety of economic news. Facebook fell 1.8% today despite reporting respectable quarterly details. The social network earned $1.41 a share on revenue of $8.8 billion versus expectations of $1.31 a share on $8.5 billion. On another note, initial jobless claims decreased last week. Department of Labor data showed new claims fell by 14,000 to 246,000. Looking ahead, employment numbers for January are set for release on Friday.

All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing.
Article originally appeared on Henssler Financial (http://www.henssler.com/).
See website for complete article licensing information.