After hours earning results painted a mixed picture. Texas Instruments initially sold off initially after delivering guidance near the lower end of the analysts’ expectations. Ford posted a big miss with earnings coming at $0.30, much lower than the $0.39 that was eyed. Revenue increased from $41.3 billion to $41.8 billion. Ford shares climbed higher following the release.
The 10-year yield on US Treasuries were up 3 basis points to 2.743%. The high-beta currencies had modest gains to the dollar while gold prices were practically little changed.
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