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Investors focus on jobs/Fed; McDonald's turnaround plan; Tesla's used cars

Investors heading into the new week focusing on two of the usual suspects -- jobs and the Federal Reserve.

Stocks (^GSPC) gaining ground as Wall Street awaits Wednesday's ADP private-sector employment report and the Labor Department's read on April hiring coming on Friday.

In the meantime, several Fed officials will be speaking, but Yahoo Finance's Aaron Task doesn't expect any bombshells from them about when the policymakers may move on raising interest rates.

"After last week's policy meeting, after the minutes from the last meeting, and just looking at the economic data, more and more people are realizing there just isn't enough juice in the U.S. economy right now to compel the Fed to move rates," he says. "Even though they removed the word 'patient,' Janet Yellen is going to remain patient until -- as they did say -- they see further improvement in economic data and the jobs numbers."

Therefore, Task is looking ahead to the data coming at the end of the week.

"This Friday's jobs report is probably more important than any Fed speeches in terms of what the Fed's going to do," he adds.

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McDonald's big reveal

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

McDonald's (MCD) shares are lower in early trading. The fast food chain is unveiling its turnaround plan as it looks for ways to revive sales. Chief Executive Steve Easterbrook announcing a strategy to drive operational growth by reducing complexity in menu options and modernizing its stores. Easterbrook adding McDonald's will have a sharper focus on the customer and bring back excitement to its business, while unlocking the financial value of the company. McDonald's also plans to increase the number of franchised restaurants to 90% by 2018.  Currently more than 80% of restaurants worldwide are owned and operated by franchisees. 

Related: McDonald's falls after turnaround details; Comcast jumps on beat; Icahn still big on Apple

Comcast (CMCSA) shares are higher this morning after the nation's largest cable operator reported a beat on both its top and bottom lines in the first quarter. Sales rose 2.5% from a year earlier as the company racked up internet subscribers and saw strong growth in business services. The company also said it will buy back an additional $2.5 billion worth of stock this year. This comes after Comcast's merger with Time Warner Cable (TWC) fell apart amid regulatory hurdles.

Apple (AAPL) remains in focus as activist investor and major Apple shareholder Carl Icahn continues to sing the tech giant's praises. In an interview with "Wall Street Week" Icahn said Apple is the kind of company that only comes around a couple of times in a century and that he continues push the company to buy back more shares.

Tyson Foods (TSN) shares on the move in early trading.  The nation's biggest poultry producer posting earnings per share that topped analysts' estimates but revenue came in slightly short of forecasts as strong sales of prepared foods offset declines in chicken, beef and pork sales.

Dean slims down

Dean Foods (DF), one of the largest milk producers, has a new strategy to revitalize struggling sales. The company has 31 different regional milk brands, and as of this month it's planning to combine them under one label.

Another company making some new moves is Tesla (TSLA).  The electric carmaker is selling used versions of its Model S online. Those pre-owned vehicles are being sold in more than ten U.S. cities. Tesla is scheduled to report quarterly results on Wednesday.