Stocks Ended Mixed, S&P and Nasdaq Weighed by Plunge in Facebook

U.S. stocks ended mixed on Thursday, with the Dow closded at its highest level in five months and the S&P and the Nasdaq weighed by plunge in Facebook Inc’s shares. The Dow Jones Industrial Average rose 112.97 points, or 0.44%, to 25,527.07. The S&P 500 lost 8.63 points, or 0.30%, to 2,837.44. The Nasdaq Composite dropped 80.05 points, or 1.01%, to 7,852.18.

Oil futures logged a three-day winning streak Thursday, getting a lift as Saudi Arabia halted crude shipments through a Red Sea waterway after accusing Iran-allied rebels of attacking a pair of tankers. September Brent crude futures rose 61 cents, or 0.8%, to end at $74.54 a barrel. September West Texas Intermediate crude rose 31 cents, or 0.5%, to $69.61 a barrel.
Amazon (AMZN) reported better-than-expected earnings on Thursday afternoon. It reported earnings-per-share of $5.07, higher than analysts’ expectations of $2.49 per share. Net sales for Amazon Web Services, or AWS, climbed to $6.1 billion, which is up from $4.1 billion during the same period in 2017.

Intel Corp missed analysts’ estimates for its closely watched data center business for the second quarter on Thursday. Revenue from its higher-margin data center business rose 26.9 percent to $5.55 billion in the quarter. Net income rose to $5.01 billion, or $1.05 per share, in the second quarter ended June 30 from $2.81 billion, or 58 cents per share, a year earlier.