Bears carved out another leg lower in Thursday’s S&P 500 index futures as earnings season continues on, though bulls could take some comfort in the fact that the damage amounted to only a slight down day.

Bulls opened the overnight session with a slight rally, defending support at unchanged while resistance held near Tuesday’s all-time closing high. That initial evening push proved to be the peak of the day, setting the high at 7770.75.

The regular session commenced with chop, dipping into the red only briefly before turning into even more chop. Resistance near the premarket high held firm, and for a while support at unchanged was holding as well. But before the lunch hour, bears and other sellers pressed firmly into the red, driving the index futures down to a low of 7724.25. Support at Wednesday’s close flipped into a resistance area, yet the chop rolled on nonetheless. Restrained by those new bounds, the index futures churned through the rest of the afternoon with neither bulls nor bears gaining any significant momentum. The session concluded near the day’s low at 7734.75, losing 14.75 handles.

Friday, market participants can look forward to July’s jobs report at 8:30 AM ET, along with a few more earnings reports, mostly in the morning.

Among the top components of the index, Microsoft Corp (NASDAQ: MSFT) emerged as the biggest gainer. The software giant advanced by $12.40 or 2.54% to close at $499.86 for the day.

That performance was over 2% better than the cash index’s decline of 0.16%.

For the second day in a row, the biggest loser ended up being Alphabet Inc (NASDAQ: GOOGL), though this time it was the Class A issue rather than the Class C shares that took the honors on Wednesday. For the day, the tech giant declined by $4.68 or 1.29% to close at $357.75.