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Stocks Decline on Ukraine Offset By Strong U.S. Growth

U.S. markets were falling Thursday after Ukraine's president said Russian forces invaded their territory. But equities were rebounding as U.S. growth in the second-quarter exceeded economists' estimates. Growth increased 4.2 percent, stronger than initially thought. Additionally, jobless claims fell for a second straight week. The number of Americans filing for unemployment benefits remains below 300,000. The FBI is reportedly investigating a computer hacking attack on JPMorgan Chase (JPM). The bank is one of at least four other banks the hackers targeted this month. Earnings before the bell is pushing stocks like Abercrombie and Fitch (ANF) lower. The retailer posted profit that beat estimates but missed revenue expectations. Dollar General (DG) reported quarterly profit in line with analysts' estimates but also missed revenue forecasts. The discount retailer did back its full-year guidance.