Quick Look Market Closing Price:
At the close: Dow +1.51% to 13117. S&P +1.52% to 1390. Nasdaq +2.04% to 3049.
Treasurys: 30-year -0.1%. 10-yr -0.08%. 5-yr -0.02%.
Commodities: Crude +1.28% to $104.69. Gold +0.09% to $1651.25.
Currencies: Euro -0.11% vs. dollar. Yen +0.6%. Pound -0.2%.
After Hours News:
Yahoo (YHOO): Q1 EPS of $0.24 beats by $0.07. Revenue (ex-TAC) of $1.08B (+1% Y/Y) beats by $20M. Sees Q2 sales (ex-TAC) of $1.03B-$1.14B. Shares +2.6% AH
Seagate Technology (STX): FQ3 EPS of $2.64 beats by $0.54. Revenue of $4.45B (+65% Y/Y) beats by $70M. Shares +1.8% AH
Cree (CREE): FQ3 misses across-the-board on declining revenue. Adjusted net income declined 50% Y/Y, despite being offset by better cost controls and a large tax benefit. The company also warns for FQ4, now seeing its EPS coming in around $0.20 - $0.26 per share on revenue between $295M - $315M. Street estimates were for an EPS of $0.28 on revenue of $323M. Shares -6.3% AH.
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