Here's what happened to the stock market on Thursday

Traders work at the New York Stock Exchange.

Johannes Eisele | AFP | Getty Images

Dow Jones Industrial Average drops 135 points

Big Tech struggles once again

Microsoft shares fell 1.98% and Apple dipped 1.23%. Amazon closed around the flatline along with Facebook. Netflix was the outperformer among Big Tech stocks, rising 0.79% ahead of its earnings release. Major tech stocks — which have been the stalwarts in the market this year — are mostly down for the week.

Jobless claims disappoint, retail sales surge

What happens next?

Consumer sentiment data along with BlackRock earnings are set for release Friday.

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

Source: Finance -

Charles Schwab says retail trading kept booming in second quarter amid market comeback

Learn How to Develop a Unique Trading Style With Peter Brandt & Joe Saz