Global Markets Wait on European Central Bank Stimulus Decision

Investors are waiting on a decision from the European Central bank on possible further stimulus. Among the potential options the ECB may consider is pushing the deposit rate further into negative territory, an expansion of the bank's trillion dollar bond buying program and a new or revised low-interest, long term loan program. Square (SQ) beat its 4th quarter expectations in its first report since going public. Square reported an adjusted loss of 20 cents a share on revenue of $374 million. Square said sales continue to grow rapidly. McDonald's (MCD) is trying to build on the success of its all day breakfast menu. It is testing a full menu in some location. Right now, just some breakfast items are available all day. The test includes biscuits, mcmuffins, mcgriddles and hash browns. Markets today will be watching weekly jobless claims, several investor meetings and a Republican debate tonight.