US Mid-Morning Recap by TradeTheNews Staff - Crude futures have moved lower following weekly EIA data, extending weakness in the energy complex. The March contract is down more than 2% at $53.85 helping the OIH give back 1.25%. XOM, COP and CVX are each down close to 1%. Feb Gold is off close to $5 at $641.30 while March Gold has lost close to 1% on the session. The XAU is off 0.8% in tandem. - Earnings reports were again a major theme heading into todayâs trade with much of the highlights coming from the tech sector. Traders are bidding up YHOO +5.75% post earnings while GOOG is adding more than $13. EBAY +3% AMZN +2% AMD has lost close to 8% after its earnings release but semi shares are advancing overall. SMH +1.5% QLGC â7% is weak as well after guiding Q4 numbers below consensus. MCD â1.5% is weighing on Dow after reporting Q4 earnings. - US Treasuries have given back early session gains and are hovering close to the unchanged level. 10-year unchanged at 4.808% The USD/JPY sold off after a wire headline citied sources suggesting Europe will seek a stronger message on the weak Yen at the next G7 meeting. The Yen is up more than 1% against the Euro, Swiss Franc, and Pound while gaining 2% against the Australian Dollar. Note there was a soft CPI reading out of Australia overnight.