JPMorgan Chase & Co. (JPM), McDonald’s Corporation (MCD): Stocks Surge on Better-Than-Expected Jobs Report

Heading down, on the other hand, are shares of McDonald’s Corporation (NYSE:MCD), which are off by 0.7% in mid-afternoon trading. As my colleague Matt Thalman observed earlier, investors in the fast-food giant are likely seeing the dark side of today’s cheery news. As the economy improves, the Federal Reserve becomes more likely to reduce its support for the economy. And when it does, investors are expected to flee higher-yielding dividend stalwarts like McDonald’s Corporation (NYSE:MCD) in favor of bonds, which should see their interest rates climb.

The article Stocks Surge on Better-Than-Expected Jobs Report originally appeared on Fool.com is written by John Maxfield.

John Maxfield has no position in any stocks mentioned. The Motley Fool recommends McDonald’s and Walt Disney (NYSE:DIS). The Motley Fool owns shares of JPMorgan Chase, McDonald’s, and Walt Disney.

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