Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis.

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Good morning. Today is Tuesday, Juneth and I'm your host Julie Morgan.

Our top stories, panic, Twitter and fertilizer.

Before we get to the top stories, we'll take a look at market futures.

Following Mondays intent sell-off, Dow, S&P and NASDAQ futures are up.

The Dow up 0.1%, the S&P up 0.24%, and the NASDAQ up 0.5%. We'll take another look at futures as well as the world

markets crude oil and commodities in a few minutes. In the earning spotlight today, Planet Labs, Lives, Life Cycle Holdings and Sprinkler.

In our Day Watch, Oracle shares were in the green and after hours trading Monday as the software

giant said it expects earnings and sales to continue to grow. The company said

this is due to strengthen its cloud-based offerings and its recent acquisition of a

health care technology services company.

Oracle's chief executive said the company expects first-quarter earnings to be in the

range of a dollar nine to a dollar thirteen cents a share with

revenue growing between 20 and 22 percent from a year ago. Based on that range

Oracle's revenue outlook is in the range of 11.64 to 11.83 billion dollars.

Now our top stories, an intense sell-off hit Wall Street Monday.

The S&P 500 slumped nearly 4% to enter a bare market, now off more than 21% from his record in January.

The selloff came just in time for the latest Fed meeting.

The two-day FOMC meeting starts today. Traders now see a 99.8% chance of a 75 basis point move, according to the

CME Group's Fed Watch tool. The last time the Fed raised rates by 75 basis points

was at a meeting in 1994.

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