stands ready to do more. the fed cutting its growth forecast and warning that the unemployment forecast is dimmer. that put a little bit of a spook on the markets. this is the first time we ve seen a fed meeting that the markets didn t react positively. most of the asian markets closing lower. the south korean kospi index down by 14 points. in europe many markets opening in the red as well. right now that the ftse is down by 30 points, france is off by 13 points, greece is the biggest decliner. at 8:30 eastern time we get weekly jobless claims. very important number for the markets. huge market mover in past weeks. then at 10:00 we ll get existing home phillies, philly fed. andrew has the corporate headlines. we do have some company news. let s start with apple this morning. australia fining apriling $2.2 million for misleading customers that its latest ipad was compatible with the next fourth generation broadband network. the tech giant admitted to misleading advertising