Markets May Attempt to Consolidate Amid Mixed Catalysts
The major U.S. index futures are pointing to a slightly higher opening on Thursday, with sentiment reflecting some optimism among traders following the release of encouraging jobless claims data that showed a smaller than expected increase in claims. While tech earnings of the day have been disappointing, earnings from financial and some other blue chip companies have been encouraging. Although the markets could attempt to hold their ground in the wake of the mixed catalysts, some degree of pullback is likely going into the extended weekend.

4/17/2014 4:26:32 PM After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed.

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