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McDonald Stock
Dow Faces Decline Amid Powell's Cautious Stance; RBA Maintains Rates Despite Inflation Concerns | Daily Market Analysis
Key events: USA - FOMC Member Mester Speaks USA - FOMC Member Kashkari Speaks Canada - BoC Gov Macklem Speaks On Monday, the Dow experienced a decline, influenced by a stumble in consumer stocks driven by McDonald's, coupled with an increase in Treasury yields following Chairman Jerome Powell's remarks dampening expectations of an imminent interest rate cut.