Dow Futures Drop As Investors Grimace Over McDonald’s
July 22, 2013 at 09:20 AM EDT
McDonald’s (MCD) is giving investors cause to grimace this morning. U.S. stock futures turned lower Monday after the fast-food giant, a component of the Dow Jones Industrial Average component, reported disappointing second quarter earnings. McDonald’s share price fell 2.9% to $97.35 after the company said it earned $1.38 a share, which missed the $1.40 mark [...]