While you were sleeping: McDonald’s, Boeing rally

Thu, 29 Jan 2015

By Margreet Dietz Jan. 30 (BusinessDesk) - Wall Street advanced, as did the US dollar, amid optimism about the outlook for the economy and corporate profits in the US. In afternoon trading in New York, the Dow Jones Industrial Average rose 0.75 percent, while the Standard & Poor’s 500 Index added 0.19 percent. The Nasdaq Composite Index slipped 0.03 percent. Gains in shares of McDonald’s and those of Boeing, each up 4.9 percent, helped propel the Dow higher. Shares of McDonald’s climbed after the company named a new chief executive...

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