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Stocks rollercoaster ride ends on a high as earnings results outweigh growth concerns

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.



This post first appeared on MarketPulse - MarketPulse - MarketPulse Is The Mar, please read the originial post: here

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Stocks rollercoaster ride ends on a high as earnings results outweigh growth concerns

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