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Overnight News: Biden's withdrawal may short-term exacerbate market volatility. Executives from multiple US companies, including Apple, appeared in Beijing. Standard Chartered said it is difficult for Trump to devalue the US dollar.
For more global financial news, please visit our 24/7 real-time financial news market close: Biden's withdrawal from the election pushed US stocks higher, with Nasdaq rising 280 points. Top 20 US stock turnover on July 22: Musk said Tesla robots are expected to be mass produced in 2026. On Monday, US WTI crude oil fell 0.4% to its lowest level in a month. Popular China concept stocks rose across the board on Monday, with Taiwan Semiconductor up 2.2% and Alibaba up 1.8%. Major European stock indices rose collectively, with the EURO STOXX 50 index up 1.44%. Macro view: Biden's withdrawal may short-term exacerbate market volatility! Trump's trade may temporarily cool off, offering emerging markets breathing space. Harris is
McDonald's (MCD) Gains But Lags Market: What You Should Know
McDonald's Is Extending Its Value Meal Promotion, Reports Say
Signal of slowing consumerism in the USA: Consumers are becoming gradually more price sensitive, McDonald's extended the $5 value meal promotion.
Analysis shows that about a month ago, McDonald's suddenly launched a $5 value meal because consumers gradually became sensitive to prices under the shadow of high interest rates and high inflation and began to pursue affordable meal deals. 93% of McDonald's stores decided to extend the promotion because company executives understand that the trend of slowing consumer spending in the United States will continue.
McDonald's to Extend $5 Meal Deal Until August, Franchisees May Get Hit in the Early Innings
Here's How Much Profit McDonald's Makes on Its $5 Meal
By Charles Passy The margins are tight, but there's still a profit to be made on the offer, according to industry experts Apparently, there's money to be made off even a $5 meal. That's the opinion
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