Economists slashed GDP forecasts for the fourth quarter, and now see growth closer to 2 percent than 3 percent, after a surprise drop in December retail sales.
Concerns of slowing growth could be a focus when Amazon reports its fourth-quarter earnings report Thursday afternoon.
Hedge funds bailed on tech stocks just in time, getting out of the battered sector and into a more defensive stance just as the market started its fourth-quarter slide.
IAG's third-quarter operating profit before exceptional items came in at 1.46 billion euros ($1.66 billion), ahead of a company-compiled consensus of 1.43 billion euros.
PayPal reported third-quarter earnings and revenue that topped Wall Street estimates on Thursday.
German sportswear firm Adidas reported stronger-than-anticipated second-quarter net profit on Thursday, with the company saying it remains firmly on track to hit it's full-year targets.
Shares of global biotechnology company Novozymes slumped Friday morning after reporting second-quarter earnings that missed analysts' expectations.
IBM beat expectations on revenue and earnings for the second quarter, but gross margins were below estimates. Read more about this at cnbc.com.
As Wall Street's financial giants get set to report first-quarter earnings, profits are expected to rise 24 percent. Read more about this at cnbc.com.
The Brazilian got in a dig at Real Madrid’s rivals after a dramatic triumph over Juventus in the Champions League quarter-finals. Read more about this at sportingnews.com.