Four Top Executives Depart Twitter

All-day breakfast provides big boost for McDonald’s

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All-day breakfast provides big boost for McDonald’s

Claman on Call: FBN’s Liz Claman with an after-hours web exclusive on the markets, oil prices, McDonald’s and the Johnson Controls-Tyco merger.

Stocks skidding in the final hour of trade heading further into correction territory. The Dow plunged 208 points by the close to end at 15,885, the S&P 500 lost 29 points and the Nasdaq shed 72 points. It was the first down day in three for all the major averages.

Problem number one: oil again: the rally we saw last week peter out, and started diving and dragging markets lower, snapping a three-day winning streak. Oil fell 5.75% to settle at $30.34 but in the after-market session lost another 2 percent.  Even with today's decline, though, oil is still up 16% from last Wednesday's 12 and a half year low.

If you own McDonalds, you were pretty happy today ...the golden arches flying high thanks to all day breakfast! McDonald's touching a lifetime high at the open.

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The debut of 24 hour breakfast boosted same-store sales nearly six percent. The fast food giant became the first Dow industrial stock to hit a lifetime high this year.

Twitter pushes four top execs out of the nest. CEO Jack Dorsey revealing the news late last night in a tweet, but he characterized the departures as voluntary. The news pushing shares of the social media service down 4.6 percent by the close.

Twitter is down nearly 53-percent since Dorsey--an original co-founder-- took over as permanent CEO on October 5th of last year.

Here's a plot you've heard before -- a major company packs its bags and heads overseas to save on taxes.  Johnson controls, the world's largest car battery company, is set to merge with Tyco and move its headquarters to Ireland from Wisconsin. The manufacturing giants expect to save $150 million dollars annually in taxes through the move.

Stick with FOX Business for a big earnings day tomorrow -- before the bell, we'll hear from Johnson & Johnson and Procter & Gamble. Then look out for Apple and AT&T after the bell.