The markets were slightly higher today, slowly moving back to record highs. The Dow 30 added 6, the S&P 500 gained 3, and the Nasdaq 100 gained 21. Tomorrow investors will focus on some earnings reports along with unemployment claims due out in the morning.

Snap (SNAP  ) shares were the big focus today as earnings results caused a selloff of over 14% on the day. Revenue came in much lighter than expected and the much focused on, daily active users also disappointed the street. Snap announced sales of $207.9 million and added only 4.5 million new daily users during the quarter, totaling 178 million. Analysts, whom already lowered their expectations, were looking for revenue of $236.9 million and 180.5 million daily active users. Snap also said it lost $40 million on their failed video / augmented reality "Spectacles". CEO Evan Spiegel tried to right the ship by commenting that they are working on redesigning its app to make it easier to use. "One thing we have heard over the years is that Snapchat is difficult to understand or hard to use, and our team has been working on responding to this feedback," Spiegel said. This didn't impress investors though as shares headed south on the day, closing near lows.

Time Warner (TWX  ) shares also sold off today, losing 6.51% and hitting new lows in the process. Comments about the timing of the closing of their deal with AT&T (T  ) being "uncertain" sent shares lower. The deal, which is under antitrust review by the US Justice Department, was expected to close by the end of the year but now investors are concerned that it may be longer. Shares closed near lows of the day and are now down almost 15% since October.

Recent IPO, Roku (ROKU  ) will announce their first earnings report after the close today and analysts aren't expecting much. Consensus is for a loss of $1.40 a share on revenue of $110.75 million. The stock has done ok since the IPO, trading up about 20%, though well off its highs set on the second day of being a public company.