U.S. Stocks Open Lower; Apple Weighs on Stocks on iPhone Sales

U.S. markets opened lower Wednesday with Apple (AAPL) weighing on stocks as its 47 million iPhone sold in the quarter was shy of the 50 million Wall Street expected. Boeing's (BA) profit beat expectations. Aircraft orders surged at Boeing but the company is taking a charge due to a military tanker delay. Home Depot (HD) is buying Interline Brands for $1.6 billion. The National Retail Federation is lowering its retail sales forecast for 2015 due to a slow start to the year for sales. Macy's (M) is expanding its same day delivery to more cities. Macy's is trying to challenge Amazon (AMZN) who is delivering in one hour in some places. McDonald's (MCD) may expand all day breakfast nationwide after a successful test in San Diego. Customers have been asking for the restaurant chain to offer breakfast items past the 10:30 a.m. cut off time.