Expedia (EXPE) was the best performer on the S&P 500 after selling its 62.4% stake in Chinese travel agency eLong to a group of buyers including Ctrip.com (CTRP).
Enterprise software company Intuit (INTU) beat quarterly estimates and increased its expectations for subscribers to its QuickBooks Online program by the fourth quarter.
Gap (GPS) shares were on watch after the clothing retailer reported an 8% drop in quarterly net income.
The S&P 500 closed at a new record Thursday as oil prices surged.
Wall Street edged higher in midday trading Thursday, given a slight boost by energy stocks after crude oil topped $60 a barrel.
Stocks were slightly lower after initial jobless claims hit a four-week high, climbing 10,000 to 274,000.
Cablevision (CVC) topped the S&P 500 and Liberty Global (LBTYA) boosted the Nasdaq on speculation of further M&A activity in the cable industry.
Financial stocks were mixed in midday trading Wednesday after the Department of Justice settled with five of the world's largest banks over criminal charges related to manipulation of currency markets.
Stocks were flat Wednesday morning as investors anxiously await the Fed minutes out this afternoon.
It was a battle of the retailers on the S&P 500 with TJX Companies (TJX) topping and Urban Outfitters (URBN) bottoming out the index.