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Stock impact report

Stock market today: Nasdaq wavers, Dow, S&P 500 slip as oil prices ease after spiking above $100 [Yahoo! Finance Canada]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
The tech-heavy Nasdaq Composite ( ^IXIC ) flipped between positive and negative territory, recovering from steep losses earlier in the day. The Dow Jones Industrial Average ( ^DJI ) also pared losses to 0.5% while the S&P 500 ( ^GSPC ) dropped 0.5%. S&P 500 (^GSPC) Oil prices were coming off earlier highs after spiking around 25% late Sunday to top $119 a barrel, reaching levels not seen since 2022. The spike came as conflict in Iran spurred crude-producing countries to cut output, already curbed by the virtual closure of the Strait of Hormuz shipping corridor. Kuwait confirmed unspecified production cuts , while Iraqi output is reported to have plunged about 70%. Amid the supply crunch, ministers from the G7 top economies said they would consider tapping the International Energy Agency's strategic petroleum reserves if necessary, which appeared to soothe nerves rattled on Sunday by Trump's suggestion that high costs were "a very small price to pay" for security. West Texas I Show less Read more
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