>> nicole: breaking news this morning, investors waiting for sign it is federal reserve my put off future interest hikes. we'll see. good morning, i'm nicole petallides. >> lauren: good morning, i'm lauren simonetti. interest rate policy meeting. right now, dow futures are down 81 points. s&p 13 and a half. >> nicole: shanghai composite ended slightly slower down a half of a percent. we saw the nikkei and the kospi and hang seng each gained more than 1%.

>> lauren: right now oil prices down three and a half percent. >> nicole: donald trump decides to skip tomorrow night fox news debate, sharp reaction from other gop candidates. >> lauren: shares of apple moving lower warning that iphone sales will fall later this year for the first time ever. >> nicole: and in sports, murray moves in the u.s. open but who will he face in the finals in welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. >> lauren: but front runner donald trump saying he's skipping the debate. texas senator on hannity last night with his reactions.

>> donald are tied in iowa. the voters in iowa deserve to have a comparison a vision of both candidates. one candidate is here in iowa asking for the support, is showing the humility to submit yourself to the voters and the other is hiding from the voters, is hiding from any fair contest. >> lauren: cruz challenging him trump on one-on-one-one debate. >> nicole: chris christie holding a news conference about damage in home state. when he was asked why he was campaigning in new hampshire instead of staying in new jersey, do you want me to go down there with a mop. >> it has been supported by everyone that's down there so far, there's some flooding damage, but what i was objecting

to both on sunday, monday and i objected today is any type of characterization of what happens in jonas here to be anywhere near what happened at sandy. i mean, it's not even close. >> nicole: in latest fox news policies christy came up 6 in new hampshire. >> lauren: bernie sanders visiting president obama today. the white house and the vermont senator will meet privately in the oval office and there will be no formal agenda. >> nicole: iowa caucus is days ahead. niel cavuto hosts our coverage of our first votes beginning at 8:00 p.m. eastern. >> lauren: that's not it nicole, we get the results, special live coverage starting at 4:00 o'clock a.m. eastern time on tuesday february 2nd on fox

business network. >> nicole: please don't miss it. trouble for apple. an apple forecast declining revenue in the current quarter. that would be the first revenue decline since 2003. one of the issues is apple's newest iphones and were not able to generate excitement among consumers. apple shares are down 2.7% in premarket trading, they are down about 11% in the past year. >> lauren: facebook reports today after reporting bell. sixty-eight cents a share. that's up from 31 cents a year. facebook has one of wall street's top spots. analysts expect facebook to post revenue rising 31 cents and income of 35%. that would be in rates.

stay tune. >> nicole: fed wraps up a two-day policy meeting today and expected not to raise interest rates. six weeks ago the feds raised interest rates in almost a decade. the investors are watching the fed's statements, what they say about the economy. just comes two days before the first look at gdp is released and that report is expect today show a sharp slowdown in u.s. economic growth. >> lauren: let's get you caught up in global market action. shanghai down. could have been way worse. hang seng and kospi each up 1%. >> nicole: in europe, looking at the ftse, cac, and dax all down arrows, the worst of the bunch is the cac quarante. >> lauren: dow is selling off to the tune of 96 points. s&p 15 points. nasdaq futures 46.

>> nicole: we see the volatility of oil once again in the trading dais. right now is almost 4%. a buck 20 to the downside and gold is also lower this morning, down a dollar 70 of 11.18 a troy ounce. when we flip over the board, you can see there's strength in the euro, japanese yen fer sus the u.s. dollar the morning. >> nicole: let's check out the ten-year bond yield. right now still below the 2% mark. we are still seeing money flowing for safe trade. >> lauren: two people killed in a shooting at a home in seattle. three others wounded. >> we do have at least two persons of interest, we believe this was a targeted incident. we have no reason to believe anyone else is in danger at this point. >> lauren: seattle's mayiar said the area has been unmanageable

and out of control for almost two decades. >> nicole: occupied national life refugian in oregon, amond bondy and followers were stopped in a traffic stop. one person was shot and killed by an officer in arrest. earlier the protests of what it calls owner federal law restrictions. >> lauren: faces federal targets, officials say 23-year-old sam my purchased two machine guns from undercover agents. he allegedly discussed his plans but milwaukee mayor says homsa had bigger plans originally. >> it became evident to the fbi that the individual named in

this complaint was planning a massacre at the temple here located in downtown milwaukee and that he had originally planned to travel to the middle east but had changed plans and created havoc here in the city of milwaukee. >> lauren: agents were tenned off in september that he planned to travel to israel and attack in the west bank. >> nicole: virginia resident who traveled outside the united states has tested positive for the mosquito-transmitted virus, zika has been in hawaii, thousands of babies in brazil. there's no treatment, american and united airlines will allow customers concerned about the zika virus to canningel or postpone their trip.

the center of disease and control has alerted of 24 countries. rasheses, fever, no vaccine. >> lauren: some are saying don't get pregnant in two years because of the virus. seize on mutual funds. for somebody's basic stock portfolios and bonds, then you have u.s. colleges get record donations, huge gifts to stanford and other wealthy universities help boost the total to more than $40 billion. up more than 7% than the year before. puerto rico to whole debt restructuring talks on january 29th. people familiar with the matter say that puerto rico has possible reconstruction of $70 billion of municipal bonds.

>> nicole: mike huckabee gears up by singing adele. ♪ ♪ ♪ [laughter] >> we will show you more from the funny video. andy murray moves from -- to open. 91 points is a and a half of percent. down 14 to be specific. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪

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♪ ♪ ♪ >> lauren: did you like that, that was mike huckabee's latest add showing gop presidential candidate in iowa caucuses just days away. make sure to stay tune to fox business. niel cavuto hosts our coverage of the first votes beginning at

8:00 p.m. eastern and get the latest results and analysis, the morning after right here on fbn:am, we will have special live coverage starting at 4:00 a.m. eastern time. that's tuesday february 2nd right here on the fox business network. >> nicole: i am excited. the team will be up all night long. we are going to be right on it. let's get you caught up on the global market action. we have seen down arrows. shanghai composite pulling back a half of percent. when you look at the nikkei, that's the best of the bunch. that's up 2.7% and the hang seng and the kospi each up more than half a percent. >> lauren: ftse is down a half of percent and the cac is down a bit more than that. >> nicole: u.s. stock market futures ahead of fed day, this is the day we will hear from the fed and see what they are thinking about the economy. s&p down 12 and a half. >> lauren: checking key commodities, price of oil, price

of gold, that's a selloff of almost 4%. gold is down about 40 at one thousands $9 a troy ounce. >> nicole: andy murray beat david if four sets and headed to semifinals in u.s. open. are currently playing right now, so if that finishes we will let you know. they are tied one set each. 4-1 in the third set. the other semifinal match january 28th, that will feature roger federer and djokovic. that's a good match. independent review that tennis anticorruption unit will take place was made at the australian open that possible match fixing and will be lead by london-based

lawyer who is an expert in sports law. another investigation will also be taking place. nfl will be conducting comprehensive review on broncos' quarterback, he had human hormones to his home. it's a ban subject but deliveries for manningg's wife. >> lauren: we have a sad story this morning. another player has been diagnosis with sdt. reportedly had the brain disease which can only be found after death. disease in dozen of football players. he had the same level of ste that was found in the late nfl star. he committed suicide at 43

year's old back in 2012. suffered from occasionally loss, difficulty focusing, his cause of death was an accidental overdoes of painkillers. >> nicole: coming up the final push for iowa voters is on. after donald trump says he is not participating in tomorrow night's debate, ted cruz lays down the challenge. >> if donald is terrified of any moderators he and i can debate one-on-one on the campaign trail. >> nicole: i phones sales will fall for the first time ever. we will tell you how that's affected apple stock prices. let's check out u.s. stock market futures, asia has been mixed, you're watching fbn:am on the fed day and breaking news. ♪

>> lauren: breaking news this morning. good morning, it's fed day, i'm lauren simonetti. >> nicole: good morning, i'm nicole petallides. all down arrows ahead of fed's policy statement. watch the language. dow futures down 80. s&p futures down 13. >> lauren: another volatile day of trading in china. the shanghai index. >> nicole: right now 28.36 a barrel. down nearly 4% this morning.

>> lauren: donald trump decides to skip tomorrow's debate. >> nicole: company warned that iphone sales will fall later this year for the first time ever. >> lauren: in sports andy murry moves on. welcome to fbn:am, first look at morning markets, breaking news and what to expect on the day ahead. >> nicole: breaking news this morning republican presidential candidates gearing up for tomorrow's presidential debate. last gop debate before monday iowa caucuses, front runner donald trump says he's skipping the debate. texas senator last night on hannity with his reactions. >> donald and i are tied in iowa. the voters in iowa deserve a comparison in vision. one candidate is asking for the

support, showing humility and the other is hiding from voters, hiding from any fair contest. >> nicole: cruz challenging trump on one-on-one debate. tune in to republican debate starting at 7:00 p.m. eastern time. >> lauren: iowa caucus are just days ahead, so make sure to tune in to fox business, niel cavuto coverage with first votes beginning at 8:00 p.m. eastern. get the latest results and able out of iowa the morning after with us right here on fbn:am, we will have special live coverage at 4:00 a.m. right here on the fox business network. well, stocks are lower in china today, let's get a closer look at the asian markets with business reporter tracy yu live in beijing. tracy is a reporter for a chinese state television, good morning, tracy. >> tracy: good morning, ladies, asian markets are mostly high we

are the shanghai composite. down a half of percent. that's recovering some of the earlier losses thanks to rally of coal companies. and in hong kong stocks are recovered as well. hang seng rebound by solid 1%. hong kong stocks are way oversold now. in tokyo, 7.7% wall street higher on bargain hunting. exporters rose despite former tone against the u.s. dollar earlier today. in korea, kospi led by electronic stocks. >> nicole: we see the shanghai composite in the downside while the other three in asia higher. ftse much like the dax. cac quarante just over half a 1%. >> lauren: u.s. stock market

futures are selling off this morning. dow futures to the downside by 81 points. s&p 13, nasdaq down 43 points. >> nicole: watching oil so carefully. has been the driver of the markets. right now 30.26. losing 3.7%. you know what else is down? gold is down two bucks this morning. >> lauren: we have to talk about apple shares today. iphones sales grew at the slowest pace since introduction back in 2007. apple forecast declining renew in the current quarter, that would be the first revenue decline since 2003, one problem that apple's newest phone have fewer noticeable changes and they're not generating much excitement among consumers, apple shares are down 3% in premarket trading here and they're down sharply over the past year in double digits. >> nicole: facebook 68 cents a share up from 31 cents a year

ago. facebook has been among the top stocks in recent years. shares are down almost 7% this year. shares could get a boost after today's report. analyst expect facebook to post revenue of 39% and income of 35%. and that would be in line with growth rates in recent quarters. other companies reporting earnings after the close today include alibaba ebay and papal. >> lauren: also the fed wrapping up its two-day meeting this afternoon. it is not expected to raise interest rates. it's been six weeks since the fed raised interest rates for the first time in about a decade. investors will be watching the statement to see what they have to say about the economy, china. normalization of rates would be a risk to the stock market. we also get on friday, this is important, the fourth quarter gdp numbers. the first read of that report. that's expect today slow dramatically. is the fed paying attention to

the slowdowns? >> nicole: something to pay attention to. wednesday morning forecast. fox meteorologist maria molina bringing it to us. good morning, maria. >> maria: hi, good morning, good to see you ladies. we're tracking cooler temperatures in the midwest and also in the northern plains. take a look at numbers this morning. in the teens in minneapolis. the air mass will continue to move east ward. we will be feeling the effects. high temperatures, only going to be in the 30's across the midwest and eventually getting cooler across the eastern u.s. as the air migrates east ward. we do have a cold front, but still producing showers across parts of the southern u.s. on the backside of the system across the great lakes, lake-enhanced snowfall, something to watch out for. in florida, very heavy rain in

the forecast throughout the day today. >> nicole: maria molina, thank you so much. >> lauren: coming up, oprah winfrey loves her bread. >> i love bread, i love bread. >> lauren: i love bread too. we will tell you how much weight watchers stock popped after she released that video. dow futures down 72 points, nasdaq 40. you're watching fbn:am, first look at morning markets and breaking news. ♪

>> lauren: welcome back, everybody, let's take a look at u.s. stock market futures right this second. dow down 77 points. nasdaq futures down 40 points. if i can nick let's check out key commodities. down a buck 10. a loss of 3 and a half percent and gold is down three and a half dollars. >> lauren: she lost 26 pounds and in the process she made 12

and a half million bucks and weight watchers stocks. he tweeted video where she proclaimed her love for bread. oprah owns more than six million weight watchers shares. $19 million yesterday. if you break that down for hour or heck, even per pound that's about 5 million per hour and a pound, nicole. >> nicole: that's why people are so important. >> lauren: power of celebrities and tweets. >> nicole: you want some of your own, here is a way to get some. but it won't be easy, mcdonald's is currently selling special sauce by the bottle. the catch is you have to fly to australia to get some or maybe you know someone in australia. the big mac sauce is only being sole at 40 locations in australia. bottle is selling for 5 bucks. how long until ebay or amazon,

what is this story about going to australia. wasn't stuart varney in australia? >> lauren: ted cruz lay down this challenge. >> if donald is terrified of any moderators he and i can debate one-on-one in iowa. >> lauren: iphone sales will fall for the first time ever. checking u.s. stock market futures, dow futures down 69 points, off the lows, s&p down almost 12. you're watching fbn:am this wednesday morning. keep it here. ♪

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>> nicole: breaking news this morning, investors waiting for sign that the federal reserve may put off future index hikes. good morning, i'm nicole petallides. >> lauren: good morning, i'mup i'm lauren simonetti. dow futures down 74 points. s&p future down three and a quarter. >> nicole: another volatile trading in china. shanghai down. nikkei up 2.7%. hang seng and kospi each gained more than one 1%. >> lauren: oil prices hovering just above $30 a barrel. lots of chatter in the market. opec nation and oil-producing nation would cut out put. >> nicole: donald trump decides to skip debate. whether he have the latest on the campaign.

>> lauren: sharing of apple are down. >> nicole: in sports, andy murry moves ontost open. who will he face in the finals? welcome to fbn:am, first look at morning markets, breaking news and what to expect on the day ahead. >> lauren: hey, everybody, we have to start with the breaking news. republican presidential candidates gearing up for presidential debate. last gop debate before monday's iowa caucuses, the front runner, donald trump, is skipping debate. texas senator ted cruz on hannity last night with his reactions. >> donald and i are tied in iowa, we are neck and neck, iowans deserve to have vision of candidates, one candidate is here in iowa, showing humility and the other is feeding from

any fair contest. >> lauren: cruz challenged one-on-one debate. >> nicole: off the campaign trail, new jersey governor chris christie speaking about the storm damage. when he was asked why he was campaigning in new jersey instead of staying in new jersey, he said, do you want me to go down there with a mop. >> what i said on sunday morning and monday morning, there's some flooding damage. but what i was objecting to both on sunday, monday, and i object to today is any type, any type of characterization of what happens in jonas here to be anywhere near what happened to sandy. i mean, it's not even close. >> nicole: in the latest fox poll christie came in fifth.

>> lauren: iowa caucus is days away now. niel cavuto hosts our coverage on 8:00 p.m. eastern. >> nicole: the analysis, the morning after will be right here, fbn:am, we will have the special live coverage that start at 4:00 a.m. eastern time on tuesday, february 2nd, please join us right here on the fox business network. >> lauren: democratic presidential candidate bernie sanders visiting president obama today, the white house says the president and the vermont senator will meet privately in the oval office and there will be no formal agenda. >> nicole: there is trouble at apple and stems from phone sales. iphone sales grew at the slowest pace since introduction back in 2007. apple forecast declining revenue in the current quarter. that would be the first revenue decline since 2003 after great sales year in 2014, apple's newest iphones had fewer

noticeable changes. apple shares down 2.7% in premarket trading, down 11% in the last year. >> lauren: facebook reports after today's closing bell. analyst expect to up 31 cents a shares. shares are down almost 7% this year. those shares could get a boost after report. revenue of 39% and net income of 35%. those numbers will be in line with growth rates in recent quarters. other companies reporting earnings, alibaba, ebay and papal. >> nicole: the fed wraps up two- day meeting. it will come two dais after we

get the first read of fourth quarter gdp, which is expected to slow dramatically. >> lauren: almost a 3% gain for the nikkei, the hang seng and kospi each up more than 1%. >> nicole: in europe stocks now, what we have been looking here, ftse is down half of a percent. actually half a percent across the board. >> lauren: u.s. stock market futures are taking the cue from europe. nasdaq are down 39, s&p down 12. >> nicole: all ten sectors were higher, energy led the way, but today right now oil 30.39. down over a buck and gold is pulling back 3.60 at 11.60 a troy ounce. >> lauren: one person killed in shooting and at least three others wounded. >> we believe this was a

targeted incident. we don't have any reason to believe that anyone is in danger at this point. >> lauren: seattle's mayor say it is area has been unmanageable and out of control for about 20 years. >> nicole: faces federal charges after he planned attack in temple city. purchased two machine guns from undercover agents, allegedly discussed plans extensively with informants, milwaukee mayor said hamsa had bigger plans originally. >> it become evidence to the fbi that the individual named in this complaint was planning a massacre at the masonic temple located in downtown milwaukee and that he had originally plan today travel to the middle east but changed his plans and decided to create the havoc here in the city of milwaukee.

>> nicole: that's frightening. agents were tipped off in september. >> lauren: wow. coming up, mike huckabee gears up for the iowa caucuses by singing adele. ♪ >> oh, my, we will show you more on this very amusing video. andy murray moves on u.s. open. checking u.s. stock market futures ahead of the opening bell. nasdaq futures down 39. you're watching fbn:am, first look at morning markets and breaking news.

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>> nicole: buck bee is the guy that's long overdue. where did he go to fill testimony great music video? presidenta candidate on campaign trail. make sure to stay with fox business with all of the action in iowa on caucus day. niel cavuto hosts coverage beginning 8:00 p.m. eastern on february 1st. get the latest results and analysis out of iowa the morning after right here with us lauren simonetti and i will be here, we will have special -- >> lauren: waking up early for you. >> nicole: we are starting at 4:00 a.m. eastern time to make sure we cover everything right here on the fox business network. >> lauren: looking forward. let's take a look right now at u.s. stock market futures. dow futures down 59, off the lows of early session, s&p down 10, nasdaq futures are down the most with .8%.

>> nicole: shares were higher. look at what is going on with oil. 30.42 cents. 3%. gold at 11.17 try ounce. >> lauren: take a look at the world of sports. andy murray heading to semifinals. murray next opponent will be the winner of the winner, currently playing right now. ranich is up two sets to one and up 3-2 in the fourth set. the other semifinal watch will take place tomorrow morning at 3:30 a.m. eastern time. meanwhile an independent review of the tennis anticorruption unit will take place after reports that possible evidence of match fixing was not properly investigated. blake griffin has apologized over twitter for his actions that left him with a broken hand. griffin hit an assistant,

equipment manager multiple times while the two were out in dinner in toronto. will now miss another 4-6 weeks with his hand injury. however, head coach believes it may take longer for griffin to return. >> nicole: former nfl player has been diagnosissed with the con cushion-related disease commonly called ste, sash died last year at the age of 27. ste can be diagnosed only after death. disease found in brain of dozen of football players, memory loss and depression. very interesting as people focus on athletics and con cushion. >> lauren: let's do some weather right now because i know you're probably heading out the door. let's take a look at the wednesday forecast with fox meteorologist maria molina, good morning, maria, how is it looking? >> maria: temperatures on the cool side. it's supposed to be cool out there. we are not looking at any arctic

invasion across the country today. temperatures cool but not -- well below average. 40's as far north as nooks. we are going to get help from mother nature to melt the snow. behind the system we are seeing lake-enhanced snowfall. we do have lake-effects snow advisories. we have a lot of moisture out here and it's going to be producing heavy rainfall across the state of florida. heads up anywhere from tampa to places like jacksonville and further down. you're dealing with a lot of heavy rain, not only this morning but throughout the day today. >> nicole: controlling down we will run down global market action before we turn it over the mornings with maria. dow futures down 51. keep it here.

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>> nicole: let's check out what's going on in europe right now. we are seeing stocks improve off the lows in the morning. cac quarante one-third of one percent. also some improvement there with the dow one-third of one percent. 52 and a half, s&p down over 9 as we await earnings from ebay, just to name a few. watching oil very closely. down three and a half percent. 30.37 a barrel. we are seeing gold lower as well. mornings with maria begins right now. good morning to you maria. >> maria: hey, there's nicole. happy wednesday. i'm maria bartiromo. it is wednesday january 27th with me this morning fox business dagen mcdowell and

john. a traffic stop led to the shootout where one person was killed, the leader of the malacia and seven people were arrested. republican front runner donald trump will skip tomorrow's crucial debate. here is trump's main rival senator ted cruz weighing in on trump's decision. >> if he thinks megan kelly is so story, what will he do with vladimir putin, i promise you putin is a lot scarier than megan kelly. we are expecting a decline in the dow jones industrial. the federal reserve wraps up two-day meeting today.

we will wait to see what the assessment is of the economy, what it says now about the global story. global markets, oil prices right now on move. take a look at what oil is doing, we are seeing losses in london, francfort. down a half of percent in each of the major averages throughout europe this morning. mix moves in asia overnight. look at china there. down another half of a percent. you did have some money moving into japan. shanghai composite posted a decline, it had been down as much as 4% and japan was up 2 and three quarters percent as measured by the nikkei average. hang seng also higher. on oil three and a third percent this morning. oil is once again sharply low. 30.42 a barrel on crude oil.