McDonald's maintains composure within $285.73 to $288.71 range

A quick look at yesterday: without a clear direction, McDonald's closed at $286.04 while ranging between $285.73 and $288.71.

This uncertain state for McDonald's is reflected by published market data as United States Core Durable Goods Orders fell short of the 0% projections, with new data of -0.2%. United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions came out at 193,100.

Meanwhile, mixed performances were seen by other consumer discretionary stocks as Amazon traded at $120.11 after closing yesterday's trading day at $115 (up 4.44%). Tesla traded at $193.17 after closing yesterday's trading day at $184.47 (up 4.72%). Lowe's was up 2.73%.

The fast food giant is now trading 4.21% below the significant high of $298.07 it set around 25 days ago.