US Stocks Mixed; McDonald's Posts Upbeat Earnings

U.S. stocks traded mixed this morning, with the Dow Jones index edging lower on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.04% to 42,370.65 while the NASDAQ rose 0.06% to 18,577.63. The S&P 500 also fell, dropping, 0.05% to 5,820.82.

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Leading and Lagging SectorsCommunication services shares rose by 0.5% on Tuesday.

In trading on Tuesday, utilities shares fell by 1.6%.

Top Headline

McDonald's Corporation (NYSE:MCD) posted better-than-expected third-quarter earnings on Tuesday.

The company reported third-quarter adjusted earnings per share of $3.23, beating the analyst consensus estimate of $3.20. Quarterly sales of $6.90 billion beat the analyst consensus view of $6.82 billion. Revenues increased 3% (2% in constant currencies) over the prior year.

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