The stock market ended Monday on a mixed note, with both the S&P 500 and NASDAQ posting their third straight decline, weighed down by a sell-off in technology stocks and rising oil prices.
Oil prices climbed above $100 per barrel, fueling concerns about inflation, while escalating tensions between the U.S. and Iran continued to dampen investor sentiment.
Overall, S&P 500 fell 0.4% to 6,344, while NASDAQ declined 0.7% to 20,795.
Tweet of the Day
Great insight here https://t.co/5vheHhr6cY
— David Sharek (@GrowthStockGuy) March 30, 2026
Chart of the Day
Here is the one-year chart of McDonald’s (MCD) as of March 2, 2026, when the stock was at $332.
McDonald’s returned to double-digit profit and revenue growth last quarter after nearly two years of slow growth. The fast-food giant beat estimates and reported a 10% increase in profits on 10% revenue growth. Sales increased 11% as same store sales increased a solid 6%. Strong performance was driven by U.S. same-store sales growth (+7%), supported by the relaunch of Extra Value Meals and successful marketing initiatives that boosted customer traffic, particularly among lower-income consumers.
Management also highlighted the company’s global expansion strategy, with more than 2,200 new restaurants opened in 2025 and plans to to add around 2,100 net new stores in 2026. At this pace, McDonald’s expects to remain on track to reach 50,000 restaurants worldwide by 2027, strengthening its position as the world’s largest fast-food chain.
MCD is part of the Conservative Growth Portfolio. Growth accelerated last quarter, which is good, but the stock is fairly valued here.
