Following the market opening Monday, the Dow traded up 0.03
percent to 15,253.02 while the NASDAQ gained 0.03 percent to
3,470.32. The S&P also rose, surging 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 IHS (NYSE:
) shot up 2.44 percent to $109.55 after the company agreed to buy
R.L. Polk & Co for $1.4 billion.
Shares of Monsanto Company (NYSE:
) got a boost, shooting up 4.63 percent to $106.36 after
Macquarie upgraded the stock from "neutral" to "outperform."
First Bancorp (NYSE:
) was also up, gaining 1.58 percent to $6.44 after Sterne Agee
upgraded the stock from "neutral" to "buy."
Equities Trading DOWN Rovi (NASDAQ:
) was down, falling 7.66 percent to $24.48 after the company
reported it is working with Broadcom (NASDAQ:
) to enable HEVC playback across multiple screens.
Shares of Titan International (NYSE:
) were down 7.68 percent to $19.12 after William Blair downgraded
the stock to "market perform."
Morgan Stanley (NYSE:
) shares tumbled 1.31 percent to $26.65 after Oppenheimer
downgraded the stock from "outperform" to "perform."
Commodities In commodity news, oil traded up 0.91 percent to
$95.62, while gold traded down 2.47 percent to $1,380.80.
Silver traded down 4.19 percent Monday to $21.76, while copper
fell 2.82 percent to $3.23.
Eurozone European shares were mostly higher today. The Spanish
Ibex Index fell 0.25 percent and the Italian FTSE MIB Index
dropped 0.65 percent. Meanwhile, the German DAX climbed 0.84
percent and the French CAC 40 rose 0.29 percent while U.K. shares
gained 1.05 percent.
Economics The Investor Movement Index for May will be released
at 12:30 p.m. ET.
The Treasury will hold its weekly 3- and 6-month bill
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