While you were sleeping: McDonald's leads gains in Dow

Thu, 28 Sep 2017

By Margreet Dietz Sept. 29 (BusinessDesk) - US equities moved higher, bolstered by gains in shares of McDonald’s amid an analyst upgrade for the stock. Shares of McDonald’s rose, leading the Dow Jones Industrial Average higher, after Longbow Research raised its rating on the stock to buy from neutral. "Given our latest positive checks and favourable short and long-term view of MCD's fundamentals, we are upgrading the shares this morning," analyst Alton Stump wrote in a note to clients Thursday, CNBC reported. "Beyond positive trends fo...

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