Dow Drops 240 Points. Stocks Fall Despite Positive Earnings Reports.

Core Insights - The initial earnings reports released on Thursday were generally positive, yet the stock market experienced a pullback from record highs [1] Market Performance - The Dow Jones Industrial Average decreased by 243 points, equivalent to a 0.5% drop [1] - The S&P 500 index fell by 0.3% [1] - The Nasdaq Composite saw a minor decline of 0.1% [1] Stock Movement - A majority of S&P 500 stocks experienced declines following record closures on Wednesday for both the S&P and Nasdaq [1] - Gold prices also retreated after surpassing $4,000 per ounce [1]