McDonald’s (MCD) stock slips today as consumer discretionary lags, rate focus returns
McDonald’s shares fell 0.7% to $303.38 in late-afternoon New York trading Friday as consumer discretionary stocks lagged and Treasury yields climbed to 4.20%. The Dow rose 0.67%, S&P 500 added 0.26%, and Nasdaq gained 0.12%. Investors are awaiting next week’s U.S. jobs and inflation reports for signals on Federal Reserve policy.