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Europe meantime seeing relief after that tough session on yesterday. We begin with fed chair nominee Janet Yellens confirmation hearings today. Cisco reports First Quarter sales fall about 300 million short of consensus and warns week emerging market demand could suppress Second Quarter revenues as well. And jpmorgan cancels a twitter q a with a top banker after being flooded with insulting questions. First up, when janet yellen appears before the Senate Banking committee, shes expected to defend the easing strategy. She says a strong recovery will ultimately enable the fed to reduce its monetary accommodation and reliance on unconventional policy tools such as asset purchases. Yellen add, i believe that supporting the recovery today is the surest path to returning to ....