Strong sell-off in technology stocks, reacting to a disappointing quarterly report from Microsoft, with the Nasdaq falling as much as 2.5% before recovering and closing down 0.75%; the Dow rose 0.11% and the S&P 500 fell 0.15%. Treasuries rose slightly, similar to European sovereigns, with yields falling 2-3bps. In commodities, crude oil rose 3.5%, closing above $65 for WTI and $70 for Brent. In metals, gold and silver gave back some of their recent gains, and agriculture fell slightly. The dollar retreated slightly, and the VIX rose to 17.

Venezuelan bonds closed up 0.1 points amid Trump's confirmation of the reopening of commercial airspace between Venezuela and the US.

Latin American credits fell 0.5-1pt despite Treasuries remaining flat, with spreads widening slightly.