>>> US Gapping down

Gapping down

In reaction to disappointing earnings/guidance: ASML -5.7%, CS -3%, LLTC -1.9%, BAC -0.9% (and despite Barron's profiling positive view on Bank of America), INTC -0.1%, (also downgraded to Neutral from Buy at B. Riley & Co).

Metals/mining stocks trading lower: HMY -1.9%, AU -1.3%, ABX -0.5%, SLV -0.5%, GDX -0.5%, GLD -0.2%.

Other news: CRDC -9.6% ( priced an underwritten public offering of ~32.5 mln shares of its common stock, offered at a price to the public of $0.85/share), ATHL -1.2% (announces 11 mln share public offering of common stock, launches proposed $500 mln senior notes offering; announced first quarter 2014 production), HSBC -0.4% (following CS results).

Analyst comments: NTAP -1.3% (downgraded to Neutral from Buy at UBS), UNH -0.5% (downgraded to Neutral from Buy at Citigroup)