McDonald’s stock price slips ahead of earnings as investors size up what comes next
McDonald's shares edged lower on Wednesday as investors positioned for the fast-food chain’s quarterly results later in the day. The stock was down $1.27, or about 0.4%, at $324.70, while the S&P 500 ETF SPY was little changed and the consumer discretionary sector lagged. Yum Brands and Restaurant Brands traded higher, and Wendy’s rose.