Busy day of earnings:

  • AXP-US a standout on lower costs. Low expectations have also helped. URI-US underpinned by better rental rates and guidance. LSTR-US a bright spot following its beat and raise and better truckload commentary than peers. MAT-US a notable gainer with Street positive on turnaround traction. Barbie a bright spot. CTXS-US beat with focus on strength in core Workspace Services.STLD-US a standout despite softer Q4 guidance. However, 2017 commentary more upbeat. FITB-US and BK-US the latest banks to beat. Lower provisioning and shares helped former. Latter boosted by better fees and expenses, KALU-US missed with focus on weaker aerospace and auto. LRCX-US weak despite much better Dec Q guidance on NAND. Street positive, but some sustainability concerns. PHM-US weak after a margin miss, though orders better. UNP-USmissed on higher costs and softer pricing. EBAY-US a high-profile decliner on sequential GMV growth deceleration. SCSS-US one of worst performers on 2016 guidance cut. Noted weak consumer backdrop.