Plug Power (PLUG) is down more than -11% after reporting Q2 gross margin of -30%, much weaker than the consensus of -9.2%. Walt Disney (DIS) is up more than +2% to lead gainers in the Dow Jones Industrials after it said it expects a better improvement in its direct-to-consumer losses in mid-fiscal 2024 and lowered its 2023 capital expenditures estimate from a prior forecast. Today’s benign U.S. Jul CPI report and jump in weekly jobless claims to a 5-week high is dovish for Fed policy, which pushed T-note yields lower and weighed on the dollar.