The slowdown in growth in the world's second largest economy, however, is not as large as feared.
US markets are set to rally at the open after the Fed chairman said the central bank doesn't expect to raise rates any time soon.
The iPhone maker is developing a video camera that can not only compete with the Galaxy S4, but has Apple's expert advertising behind it.
Investors in these equity-based funds will benefit from a strengthening dollar.
US markets are set for a lower open following Chinese imports and exports report and ahead of the release of minutes from the Fed policy meeting from June.
Time Warner, DirecTV, AT&T and others are interested in acquiring all or a piece of the video site.
With the stock's pending inclusion in the NASDAQ 100, expect many exchange traded funds to add it to their holdings.
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