Stocks Ended Little Changed ahead of Jobs Report

U.S. stocks ended little changed on Thursday as investors showed caution ahead of the April jobs report. The Dow Jones industrial average rose 9.45 points, or 0.05%, to 17,660.71. The S&P 500 lost 0.49 points, or 0.02%, to 2,050.63. The Nasdaq Composite dropped 8.54 points, or 0.18%, to 4,717.09.

Chesapeake Energy (CHK) reported a 2016 first quarter loss in line with analysts’ estimates and announcing asset sales. Revenue declined by 39% year-over-year to $1.95 billion for the most recent period. Additionally, Chesapeake has signed an agreement to sell about 42,000 acres in Oklahoma’s STACK field for roughly $470 million.

Square Inc (SQ.N), the mobile payments company run by Twitter Inc (TWTR.N) Chief Executive Jack Dorsey, reported a 51.4 percent jump in quarterly revenue, as customers processed more transations through the company’s network. The company’s net revenue rose to $379.3 million in the first quarter ended March 31, from $250.6 million a year earlier and $374.4 million in the fourth quarter of 2015.

GoPro Inc. (GPRO) reported stronger-than-expected sales for the first quarter despite swinging to a loss and narrowing its margins. It reported a loss of $107.5 million, or 78 cents a share, compared with a year-earlier profit of $16.7 million, or 11 cents a share. Revenue fell 50% to $183.5 million from $363.1 million last year, but topped the consensus estimate of $169 million.

Yelp Inc.s quarterly results topped Wall Street estimates. The company reported adjusted first-quarter earnings of 8 cents a share on revenue of $158.6 million. Yelp sees second-quarter revenue of $167 million to $171 million.

Herbalife Ltd. (HLF) turned quarterly results that beat analysts’ expectations. Herbalife reported its first-quarter earnings rose to $95.8 million, or $1.12 a share, from $78.2 million, or 92 cents a share, a year earlier. Herbalife projected second-quarter adjusted earnings per share of $1.10 to $1.20 and revenue growth of flat to up 3%.

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