McDonald’s Corporation (NYSE: MCD) saves the DJIA from red swamp

McDonald's sales rose by 7% in July, Dow Jones Industrial up

In brief: The Dow Jones Industrial Average will begin trading confidently against the McDonald's Corporation (NYSE: MCD) rise sharply.

The Dow Jones Industrial Average will start bidding with 10,653.56 points today. McDonald’s Corporation (NYSE: MCD) shares stood at 71.74 points on Friday. Pre-market brought a bullish trend for McDonald’s: 72.46 points, + 1.00%.

U.S. McDonald’s Corp. said Monday that its comparable sales in July rose by 7%. Analysts polled by FactSet, predicted sales growth of 4,8%. Sales in the U.S. grew by 5.7% in Europe – by 5,3%, in Asia, Africa and the Middle East grew by just 10.1%. The experts see the further bullish trend.

Anrey Torbinski
2010-08-09 13:19, Economics.

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