After Two Days of Gains, Dow Falls Over 100 Points
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iStock/Thinkstock(NEW YORK) — After two days of gains, the Dow Jones Industrial Average fell over 100 points on Wednesday.
The Dow lost 153.49 points, closing at 16,461.32.
The Nasdaq went down 36.63 points to 4,382.85, while the S&P 500 dropped 14.17 points, ending the day at 1,927.11.
After reporting one of its worst quarters in years, McDonald’s is outlining a plan for what it calls fundamental changes to its business. A big part will include simplifying the menu and removing low-selling products.
Boeing is reporting strong earnings, with profits up 18% for the quarter.
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