Toward the end of trading Monday, the Dow traded down 0.05
percent to 15,240.40 while the NASDAQ gained 0.08 percent to
3,472.12. The S&P also fell, dropping 0.01 percent to
Top Headline McDonald's (NYSE:
) reported a 2.6% rise in its global comparable sales in May.
McDonald's systemwide sales jumped 3.6% in May; while US sales
climbed 2.4%. Its global comparable sales declined 1.0% during
the first quarter.
Equities Trading UP KapStone Paper and Packaging (NYSE:
) jumped up midway through the afternoon session Monday, gaining
18.10 percent to $35.10 after the company announced it would buy
Longview Fibre for $1.03 billion.
Shares of Monsanto Company (NYSE:
) got a boost, shooting up 4.47 percent to $106.20 after
Macquarie upgraded the stock from "neutral" to "outperform."
) was up as well, gaining 9.16 percent to $21.43, riding the
bullish Canadian Solar headlines from earlier in the day.
Equities Trading DOWN Rovi (NASDAQ:
) was down, falling 4.15 percent to $25.41 after the company
reported it is working with Broadcom (NASDAQ:
) to enable HEVC playback across multiple screens.
Shares of Titan International (NYSE:
) were down 13.81 percent to $17.85 after William Blair
downgraded the stock to "market perform."
Booz Allen Hamilton Holding (NYSE:
) shares tumbled 3.11 percent to $17.44 after it was announced
that the culprit behind the massive NSA data leak was a
contractor at the company.
Commodities In commodity news, oil traded down 0.25 percent to
$95.79, while gold traded up 0.22 percent to $1,386.10.
Silver traded up 1.52 percent Monday to $22.00, while copper
fell 0.95 percent to $3.23.
Eurozone European shares were mixed today. The Spanish Ibex
Index fell 0.50 percent and the Italian FTSE MIB Index dropped
0.81 percent. Meanwhile, the German DAX climbed 0.67 percent and
the French CAC 40 fell 0.24 percent while U.K. shares gained 1.02
Economics The Investor Movement Index for May was released
this morning, coming in at 5.02, slightly below the previous
figure of 5.31.
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