Earnings season moved into higher gear on Thursday as investors weighed reports from a range of major companies, along with new housing market and employment data. Netflix and Tesla both fell following mixed reports and guidance, while Johnson & Johnson rose after reporting strong 2Q results and raising its full-year outlook. On the housing front, U.S. sales of existing homes fell to a five-month low in June. The National Association of Realtors said that existing home sales fell 3.3% last month to a seasonally adjusted annual rate of 4.16 million, below the Reuters consensus of 4.20 million. Meanwhile, first-time claims for state unemployment benefits fell by 9,000 to a seasonally adjusted 228,000 for the week ended July 1