Kai Ryssdal
👤 SpeakerAppearances Over Time
Podcast Appearances
First, though, let's do the numbers.
Dow Jones Industrial Average down 313 today, 6 tenths percent, 49,596.
The Nasdaq subtracted 32 points, a tenth percent, 25,806.
The S&P 500 down 28 points, 4 tenths percent, 73,37.
A whole bunch of food and restaurant companies reported today.
McDonald's beat expectations.
But missed its sales production thanks to increased fuel and grocery prices squeezing consumers.
Mickey D's cooled a tenth of one percent.
Shake Shack reported a loss for the quarter.
That pushed its shares to a two-year low.
Shake Shack gave back more than 28 percent.
Papa John's International.
Fell short of revenue and profit projections for the quarter.
The pizza chain shrank 2.75%.
Krispy Kreme just wrapped things up, beat the street's estimates for the quarter, and yet declined 1%.
Bonds down, yield on the 10-year T-note up 4.38%.
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