U.S. equities gain as unemployment claims decline

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Source: Dukascopy Bank SA
Most U.S. equities advanced amid unexpected slump in unemployment claims and earnings that beat the estimates, offsetting the biggest drop for Apple since 2008. The S&P 500 index closed unchanged at 1,494.82 after earlier gaining 0.5%. All but two groups in the gauge edged higher. The best performing blue chip in the gauge was Netflix with its shares rallying 42% to $146.86 after the online-video service company posted earnings that topped the estimates and better-than-expected fourth-quarter subscriber growth. F5 Networks rose 4.5% to $103.22. Furthermore, Bed Bath & Beyond, which operates a nationwide chain of retail stores, added 4.4% to $58.99 to lead gains in consumer services that were 0.7% up. Alongside to that Apple slumped 12.35%, the most in the gauge after the company reported the worst profit growth since 2003 and weakest sales rally in more than three years. McCormick & Co, which manufactures, markets, and distributes flavor products, paired second biggest loss in the index and declined 6.3% to $62.37, while Alpha Natural resources slipped 5.5%.
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