The stock market went up on Thursday, following the Federal Reserve’s decision to lower its benchmark interest rate by 25 basis points. It also signaled two additional rate cuts later this year, suggesting the beginning of a monetary easing cycle.
Overall, S&P 500 increased 0.5% to 6,632, while NASDAQ rose 0.9% to 22,471.
Chart of the Day
Here is the one-year chart of McDonald’s (MCD) as of August 18, 2025, when the stock was at $309.
System-wide sales increased a solid 8% as same-store sales rose 4%. However, challenges remained.
In the US, low-income customers visited less often, especially at breakfast, the most price-sensitive meal. Rising menu prices, with some combos over $10, also hurt its value image for those not using deals or loyalty programs.
In Europe, higher beef costs and rising labor expenses continued to pressure margins.
To boost demand, McDonald’s worked to lower prices and expanded its McValue campaign. It introduced the “Buy 1, Add 1 for $1” deal, brought back the Snack Wrap after nine years at a $2.99 price point with strong early sales, and added the Daily Double burger meal. The McValue menu now offers three meal deals, including a $5 option available nationwide.
MCD is part of our Conservative Growth Portfolio.
