Markets: News  

The market is holding up well heading into the close. The major average trade just below session highs. Advancing issues have a slim lead over declining issues at the NYSE while decliners are roughly in line with advancers at the Nasdaq.After the close, Tesla (TSLA), IBM (IBM), Flex (FLEX), Lam Research (LRCX), CSX (CSX), ServiceNow (NOW), Seagate Tech (STX), Levi Strauss (LEVI) and Teradyne (TER) are among the notable earnings reporters.Valero Energy (VLO), Comcast (CMCSA), Archer-Daniels (ADM), American Airlines (AAL), Dow (DOW), Northrop Grumman (NOC), Southwest Air (LUV), Mastercard (MA) and Blackstone (BX) are some of the notable names reporting earnings ahead of tomorrow's open. Looking ahead to Thursday, market participants will receive the following economic data:8:30 ET: Advance Q4 GDP (Briefing.com consensus 2.6%; prior 3.2%), advance Q4 Chain Deflator (Briefing.com consensus 3.2%; prior 4.4%), December Durable Orders (Briefing.com consensus 2.9%; prior -2.1%), Durable Orders ex-transportation (Briefing.com consensus -0.2%; prior 0.2%), weekly Initial Claims (Briefing.com consensus 205,000; prior 190,000), Continuing Claims (prior 1.647 mln), December advance goods trade deficit (prior -$83.30 bln), December advance Retail Inventories (prior -0.3%), and December advance Wholesale Inventories (prior 1.0%)10:00 ET: December New Home Sales (Briefing.com consensus 614,000; prior 640,000)10:30 ET: Weekly natural gas inventories (prior -82 bcf)