On the other hand David Kostin, chief equity strategist at Goldman Sachs Group Inc. (NYSE:GS) said, The idea of earnings growing is going to be the more vital issue over the next year, as opposed to P/E expansion. The idea of an expanding economy is what drives sales." U.S. Markets European Markets Asia-Pacific Markets Stocks in Focus The stock price of Ford Motor Company (NYSE:F) continued to decline after stating that it will miss its target profit for the full year. The stock declined 2.1% to $14.79 per share today. The automaker's stock plummeted more than 7% yesterday. eBay Inc (NASDAQ:EBAY) gained 7.54% to $56.63 per share after the company announced that it would spinoff PayPal next year. Activist investor, Carl Icahn praised the company's decision.