U.S. stocks end mostly lower, with J.P. Morgan dragging financials; Nasdaq is sole gainer

SAN FRANCISCO (MarketWatch)
U.S. stocks closed with moderate losses Thursday, weighed by a disappointing report from J.P. Morgan Chase & Co. and trade data from China.
Strength in tech stocks ahead of the release of Google Inc.'s  earnings helped the major indexes climb off their intraday lows.
The Dow Jones Industrial Average fell 40.72 points, or 0.4%, to 11,478.13, led by a 5.5% drop in Bank of America Corp. shares. J.P. Morgan shares fell 4.8%.
The S&P 500 ended down 3.59 points, or 0.3%, at 1,203.66.
Its financial sector fell 2.4% while tech gained 1%.
The Nasdaq Composite gained 15.51 points, or 0.6%, to 2,620.24.