US EditionWall Street Holds Steady Following Mixed Profit Reports From McDonald’s, Disney and Shopify
NEW YORK, UNITED STATES, AUG 6 – McDonald's same-store sales rose unexpectedly while Shopify's stock jumped 22.4% after revenue beat estimates amid tariff concerns and mixed earnings from other major firms.
- On Wednesday, U.S. equity markets held steady as the S&P 500 rose 0.2% and Treasury yields remained unchanged.
- Following mixed profit reports from McDonald’s and The Walt Disney Co., Wall Street's trading cooled after sharp swings, maintaining steady markets.
- Shopify jumped 22.4% on stronger revenue, as stocks closed modestly lower after profit reports on Tuesday.
- Amid worries that President Donald Trump’s tariffs may be hurting the economy, hopes for Federal Reserve rate cuts helped steady the market.
- Later this week, Toyota Motor Corp. and Sony Corp. will report results as the S&P 500 remains just below its late last month record and traders watch the September Fed meeting.
37 Articles
37 Articles
Press-Republican
Wall Street holds steady following mixed profit reports from McDonald's, Disney and Shopify
Wall Street is holding relatively steady following a mixed set of profit reports from such giants as McDonald’s and The Walt Disney Co. The S&P 500 rose 0.2% Wednesday. The Dow Jones Industrial Average dipped 20 points, and the Nasdaq…
Pioneer Press
Wall Street holds steady following mixed profit reports from McDonald’s, Disney and Shopify
Wall Street is holding relatively steady following a mixed set of profit reports from such giants as McDonald’s and The Walt Disney Co.
Bowen Island Undercurrent
US stocks hold steady following more profit reports
NEW YORK (AP) — Wall Street is holding relatively steady following a mixed set of profit reports from such giants as McDonald’s and The Walt Disney Co. The S&P 500 was up 0.2% in early trading Wednesday.
Top Stocks: McDonald's, Shopify & More - PressReach
In recent market activity, several well-known companies have demonstrated notable stock movements. McDonald’s (NYSE:MCD) has shown significant fluctuations following its latest earnings report, which highlighted its resilience amidst a challenging economic environment. The fast-food giant has continued to innovate its menu and enhance digital ordering, contributing to its stock performance. Another key player, Shopify (NYSE:SHOP), has experience…
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