JaysonPhotography/iStock/Thinkstock(NEW YORK) — Wall Street nearly rebounded from a sharp downturn early in the day Thursday, but ended the trading session with all three major indices closing just lower.
The Dow Jones Industrial Average closed down 4.15 to 17863.43 on the day.
The Nasdaq dipped 14.74 to 5127.74, while the S&P 500 finished the day at 2099.93, down 2.38.
Despite the losses, the markets are still expected to finish a sixth straight week of gains.
October employment figures are due out Friday.
During Thursday’s trading session, Facebook officially reached a higher market value than General Electric. That figure is despite GE employing nearly 25 times as many people as the social media company.
A number of companies reported third quarter earnings figures Thursday, including strong earnings for Shake Shack and Dreamworks. Kraft-Heinz missed its earnings expectations after announcing earlier in the week that it plans to downsize.
A trio of reports show divides in the U.S. housing market. According to data, age, location and race all factor into how well Americans are benefiting from the economic recovery.
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