Stocks made modest moves Monday before a busy week that includes a key Fed meeting and Big Tech earnings. Amid today's bare economic calendar, corporate updates were in focus, with fast food giant McDonald's (MCD) disclosing a triple miss in its quarterly results.
In its second quarter, MCD reported earnings of $2.97 per share on revenue of $6.49 billion, below the $3.07 per share and $6.62 billion analysts expected. Same-store sales, meanwhile, fell 1% vs Street estimates calling for a 0.4% increase.
