(CNBC) U.S. stocks closed mixed on Thursday as investors digested more earnings and second-quarter GDP, a day after the Federal Reserve left interest rates unchanged. ( Tweet This )
"I think there's a lot of confusion really. The focus was trying to understand what's going on with economic growth and the Fed," said David Kelly, chief global strategist at JPMorgan Funds. "People aren't quite sure whether the data makes it more likely or less likely that they will tighten."
After the second-quarter gross domestic product report came in slightly below expectations, traders will watch Friday's employment cost index for another indicator on the labor market and inflation.
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