US stocks closed lower Wednesday as more steam came out of Wall Street’s huge, record-breaking rally. The S&P 500 fell 53.78 points, or 0.9%, to 5,797.42. It was the.
US stocks closed lower Wednesday as more steam came out of Wall Street’s huge, record-breaking rally.
McDonald’s helped pull the market lower and dropped 5.2% after federal health officials linked its Quarter Pounder burgers with an E. coli outbreak that’s affected at least 49 people in 10 states. Investigators are still trying to find what specific ingredient is contaminated. Coca-Cola fell 2.1% even though it reported stronger profit and revenue for the latest quarter than analysts expected, the AP reports.
