Hershey. Two economic reports today. Weekly jobless claims at 8 30 eastern time and december pending home sales at 10 00. And eu Foreign Ministers are meeting in brussels. The rouble weakening today on the threat. Andrew. Well talk about the big changes happening with mcdonalds in a minute but first a quick snapshot of other stocks this morning. Facebook beating the street on the top and bottom lines but Revenue Growth was the weakest since the start of 2014 and it rose faster. The Company Plans to cut spending by 15 billion over three years as Lower Oil Prices take a toll and qualcomm lowering its outlook for the year. They warn the newest mobile chip will not be used in Major Customer flag ship smartphones. Is that an app . Apple is selling all of these phones. Citrix with better than expected growth. The company is also cutting about 900 jobs. Also salix pharmaceutical will restate financial statements. First three quarters of 2014. Earlier this month the company said it was explori
Its another big day today of u. S. Earnings. Alibaba and ford all report before the market open. All eyes will be on google and amazon. Of course people are still talking about the fed press release from yesterday. The Federal Reserve not showing its hand that its wavering over whether to hike rates this year. In its policy statement the fed says it will still be patient. That word patient is still there in raising rates and is upbeat on the u. S. Economy setting solid growth and strong job gains. The fed says that while pressures are holding down inflation, mainly oil prices those are intensifying. Its optimistic prices will move back toward its 2 target. Wilfred . Thanks. Lets look in in the markets and were in the red today and really its been risk off sentiment thats transferred through different time zones and no particular region has been able to buck that trend over the last 48 hours. You can see the stoxx 600 down. 7 and its been a really steady decline throughout the course of