Oil Rally, Earnings Boost Stocks But Uptrend Still Under Pressure
Stocks struggled to find their footing early on but climbed higher to close Thursday with modest gains, boosted by key earnings reports from several high profile companies and a rally in oil prices. The Nasdaq gained 0.86% while the S&P 500 rose 0.55%.
Thursday's notable movers were Facebook (FB), O'Reilly Automotive (ORLY), Reynolds American (RAI), Under Armour (UA) and Amazon (AMZN).