McDonald’s misses, bitcoin jumps, earnings this week: 3 Things

Stocks are set to open higher on Monday morning. Here are three things investors should keep an eye on in today’s trading.

It’s set to be a big week on Wall Street. Investors will be watching reports from tech giants, including Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), and Amazon (AMZN). They will also digest the Federal Reserve’s latest decision on interest rates and the July jobs report.

One of the biggest movers is McDonald’s (MCD). The fast food giant reported second quarter results that missed Street estimates on both the top and bottom lines as consumers get choosier about where they are spending their cash.

One asset moving to the upside is bitcoin (BTC-USD). The cryptocurrency is rising after former President Donald Trump pushed a pro-crypto agenda at a bitcoin conference over the weekend.

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This post was written by Stephanie Mikulich.