Futures mixed after McDonald’s has rough quarter

NEW YORK (AP) — Stock futures are mixed with a poor quarter from McDonald’s sending Dow Jones futures lower.

Dow Jones industrial futures are down 9 points to 15,497. S&P futures have lost 0.20 points to 1,689.30. Nasdaq futures are up 4.75 points to 3,045.50.

A big week for corporate earnings began Monday with Hasbro, in addition to McDonald’s, falling short of Wall Street expectations. After a big nod from the TV academy with nine Emmy nominations, Netflix will post earnings after the bell.

McDonald’s says economic uncertainty for its customers weighed on results it warned of a tough year ahead. Company shares slid more than 2 percent before the opening bell.

The National Association of Realtors is expected to report later Monday that sales of previously occupied homes rose last month

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s