Previous close | 28.60 |
Open | 28.60 |
Bid | 28.70 |
Ask | 29.50 |
Strike | 260.00 |
Expiry date | 2025-01-17 |
Day's range | 28.60 - 28.60 |
Contract range | N/A |
Volume | |
Open interest | 403 |
McDonald's hefty expansion plans helped to boost sales in Q1.
Wall Street's main indexes fell on Tuesday with caution prevailing ahead of the Federal Reserve's interest-rate decision and as stronger-than-expected labor costs hinted at persistent inflation. U.S. labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. "This pretty much tells you that the Fed is going to be very reluctant to reduce short-term interest rates in 2024 and that's had the predictable impact on the stock market," said Hugh Johnson, chief economist at Hugh Johnson Economics.