Member access

4-Traders Homepage  >  Shares  >  Nyse  >  McDonald's Corporation    MCD   US5801351017

Delayed Quote. Delayed Nyse - 07/29 12:44:25 pm
96.3063 USD   +0.55%
7h ago MCDONALD JAPAN : considering procuring chicken from Brazil
8h ago MCDONALD JAPAN : withdraws profit guidance after China food scare
1d agoDJGRAIN HIGHLIGHTS : Top Stories of the Day
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

McDonald's Corporation : MARKET SNAPSHOT : U.S. Stocks Slightly Up On Europe Report

06/08/2012 | 12:10pm US/Eastern
Recommend:
0

By Kate Gibson, MarketWatch

U.S. stocks tallied mild gains after President Barack Obama urged Europe to act quickly to combat its economic crisis and Reuters said Spain was readying to ask for help for its banks.

The Dow Jones Industrial Average (DJI) rose 20.89 points, or 0.2%, to 12,481.85.

McDonald's Corp. (MCD) led blue-chip declines after the fast-food chain reported global sales at stores open at least 13 months rose 3.3% in May, short of expectations, on sales declines in Japan and China.

The S&P 500 (SPX) rose 2.08 points, or 0.1%, to 1,317.07.

The Nasdaq Composite (RIXF) gained 11.39 points, or 0.4%, to 2,842.42.

Advancers pulled ahead of decliners on the New York Stock Exchange, where 243 million shares traded as of 12:05 p.m. Eastern.

Reuters cited sources in Brussels and Berlin in reporting Spain would likely request euro-zone help with recapitalizing its banks during the weekend, with an announcement expected on Saturday.

In nationally televised comments to reports in the White House briefing room, Obama gave Europe a "to-do" list.

U.S. stocks had declined on economic reports from Europe furthered concern about the global economy, with German exports declining more than projected and Italian industrial production contracting in April.

And, cheer over China's first interest-rate cut in years also dissipated as investors considered what Thursday's move said about where the global economy is headed.

Instead of boosting confidence that China's economic moderation can be reversed, the People's Bank of China's cut "reinforced why it happened to begin with, the slowdown is beginning to hurt," emailed Peter Boockvar, equity strategist at Miller Tabak.

In the U.S., the Commerce Department on Friday reported the U.S. trade deficit narrowed 4.9% in April to $50.1 billion.

Recommend :
0
React to this article
Latest news on MCDONALD'S CORPORATION
7h ago MCDONALD JAPAN : considering procuring chicken from Brazil
8h ago MCDONALD JAPAN : withdraws profit guidance after China food scare
1d agoDJGRAIN HIGHLIGHTS : Top Stories of the Day
1d ago U.S. food group CEO to brief media as McDonald's feels pinch in China food sc..
2d ago Trendy Chipotle burritos show how pricing power belongs to the hip
2d ago China's anti-graft drive is making state media bolder
2d ago Scandal-hit China food firm withdrawing all products, U.S. parent says
3d ago China regulator says scandal-hit food supplier forged production dates - Xinh..
4d agoDJMALAYSIAN AIRLINE SYSTEM BERHAD : Ukrainian Troops Recapture Rebel Stronghold of..
4d ago MCDONALD : Russia takes aim at McDonald's burgers as U.S. ties worsen
Advertisement
Chart
Duration : Period :
McDonald's Corporation Technical Analysis Chart | MCD | US5801351017 | 4-Traders
Income Statement Evolution
McDonald's Corporation : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF