NEW YORK (TheStreet) --
Volatility has quickly become the new normal on Wall Street. Thursday's
session was characterized by blink-and-you'll-miss-it turns in direction
with all benchmark indexes posting gains by the afternoon session after
losses earlier.
The S&P 500 had recovered from losses by the afternoon, adding 1%. The Nasdaq was up 0.94%.
The Dow Jones Industrial Average was up 1.25%, boosted by a jump in McDonald's (MCD) shares. The world's largest fast food chain was more than 5% higher after announcing that CEO Don Thompson would be leaving the company. Thompson had held the position since July 2012 during some of the its worst years of draining sales and weak profits.
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The S&P 500 had recovered from losses by the afternoon, adding 1%. The Nasdaq was up 0.94%.
The Dow Jones Industrial Average was up 1.25%, boosted by a jump in McDonald's (MCD) shares. The world's largest fast food chain was more than 5% higher after announcing that CEO Don Thompson would be leaving the company. Thompson had held the position since July 2012 during some of the its worst years of draining sales and weak profits.
Read more at Click here / www.trade4x.net
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