December E-mini S&Ps (ESZ14 +0.24%) this morning are up +0.18% and European stocks are up +0.99% at a 1-3/4 month high after German business confidence unexpectedly rose for the first time in 7 months.

December E-mini S&Ps (ESZ14 -0.17%) this morning are down -0.10% and European stocks are down -0.16% after the EU cut its Eurozone GDP and inflation forecasts for this year and next.

The US dollar has been on fire, but instead of helping corporate America, it hurts US multinational companies in two painful ways.

The quarterly number rose an impressive 18.9% from $1.80 per share a year ago.

In the reported quarter, total revenues were $11.1 billion, missing the Zacks Consensus Estimate of $11.2 billion by 1.1%.

December E-mini S&Ps (ESZ14 +0.74%) this morning are up +0.67% at a 1-week high and European stocks are up +1.61% as Apple rose 2% in pre-market trading after it reported stronger-than-expected Q4 earnings results late yesterday.