After starting the morning with a positive gain, the Dow Jones Industrial Average has bounced around between small gains and losses. Caterpillar, 3M and Verizon Communications posted quarterly results.
Caterpillar led blue-chip gains after the agricultural equipment maker surprised with stronger than expected earnings and raised its full year outlook.
After rising as much as 50 points and falling 19, the NASDAQ was more recently up again with strong momentum from Apple’s news of their 7-for-1 stock split and strong earnings report. The technology sector is also seeing some strength due to earnings reports from Facebook & Texas Instruments.
Thursday's economic reports had orders for durable goods rising 2.6 percent in March, ahead of a 2 percent estimate.
Another report had more Americans filing for jobless benefits last week than projected.
On Wednesday, stocks fell after disappointing data on new home sales was reported and as companies including Boeing and AT&T announced earnings.
Starbucks and Visa are among those reporting after Thursday's close.