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This is this Imus in the morning.
On the -- Morning -- stocks are down this morning as investors react to the disappointing US jobs report from Friday and the weekend European elections.
Here in the US futures are down across the board Dow futures are down by 54 the S&P is down by six -- nasdaq's down.
By about fourteen over in Europe the elections added jitters about the future of the Euro -- With French president Nicholas Sarkozy losing in a runoff election to socialist candidate -- while -- Greeks also voted.
Mostly for two parties that want to change the country's international bailout terms or even overturn the rescue deal Lundin is.
London markets are closed for a holiday but -- Paris is now reversed direction it's up by about four points.
Frankfurt is still down in Ed negative territory by about 33 points -- a closer look now.
At what's moving the European markets the CMC markets analyst Brenda Kelly.
Who joins us by phone from London Brent -- we have elections in France and Greece were seeing those results -- Matt rattle.
Markets today do you think the outcome of these elections create -- buying or selling opportunity for investors.
Well -- the Great Depression I think in the way dead they -- loans that they -- was pretty much priced into my my index certainly there has been a speculative pressure on the austerity measures that are being put in place.
-- on the likes to Germany during the tenure -- that it our currency.
But I can get away we are expecting the whole lot but we will win this because that is not just didn't start and I distressed around -- -- scenario.
But at the moment are looking at the German factory -- but.
Pretty much reversed paint around that Tibet and certainly on the Euro Stoxx 600 eBay and part of the factory orders -- better than better than expected.
I'm not don't seem to -- tempering those losses between -- -- futures -- don't look at look at the opening aren't they satisfied tomorrow.
And -- -- department issues.
Again open that was pretty much priced in to a certain extent the widely expect the -- buying opportunity here -- we think about it and because at the end of the day.
Are -- -- expecting that it would -- bad but balance sheet for.
Parents a year rockets are currency.
In many respects there's a -- element of course -- in place I'm considering not without Germany.
-- on that note you know.
A lot has been talking about creating growth which usually involves spending that friends have any money to spend so what are the other alternatives.
Although including two that pretty much it didn't think different with regards fiscal compact and I suppose negotiator -- at -- -- -- happening in your aren't our.
I think I did acknowledge.
Let it be a referendum at the end of the month whether -- not BR it's actually a week here.
Putting not true I think that the peace and negotiation regard -- -- compact.
I may be okay it was the Monday -- -- by the have to cooperate well.
It was similar situation -- the Fed is because the start out it's been I would see that person managers' index its threat -- -- is not that started working.
We're examining other domestic work -- -- Europe quite stable -- -- clinical nation there.
As Brenda Kelly joining us from Ireland today thanks kinda.
And we're getting -- -- from -- now the food distribution companies reporting a profit of 49 cents a share that beat the estimate.
For 43 cents revenue also came into the beat at ten point five million dollars.
The estimate there was for ten point 45 billion.
Mean off -- focal make its case Wall Street today asked why invested since snatch up the company stock when it goes public.
But many are wondering whether CEO Mark Zuckerberg will be there to -- the company Fox Business is that it Shapiro's in Manhattan now with more.
And Adam I'm assuming no Zuckerberg sightings yet but what do you expect to hear from the meeting today.
No sightings of Zuckerberg the meeting was started 1145.
-- say invitation only four representatives from hedge funds and large investors who may -- want a piece.
The FaceBook hi this is a company that is -- a price target anywhere between 28 to 35 dollars price range.
When they go public sometime around may eighteenth.
There's one company but bush is putting a price target of 44 dollars per share.
But the question that investors will have Diana's palace FaceBook going to make money going forward.
Revenue last year roughly three point seven billion -- Zuckerberg should show up today the question they would ask him.
Is what's next -- your advertising planned and how you're going to monetize FaceBook.
We've already been told by Charlie Gasparino our senior correspondent.
That according to Facebook's Zuckerberg -- not be here because of security issues but there -- a slight chance he may make a surprise appearance because those investors want the key question answered.
-- -- keep making money got roughly 900 million users worldwide.
What kind of growth you expect going forward why should we pay anywhere from twenty to 35 dollars a share I have.
Adams -- live -- from outside the Sheraton their Manhattan thanks Adam.
And now let's take a look at commodities oil and gold are both down oil's hovering around 97 dollars a barrel gold is down almost six bucks at 1639.
Announced.
Coming up this hour Imus is guests will be Ed Henry of Fox News.
Imus in the morning continues right now on Fox Business.
Giving you -- -- across.
