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McDonald's and Boeing: The two stocks Wall Street will keep an eye on Wednesday

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Frank Holland breaks down what traders are watching ahead of the new session.

Investors on Wednesday were focused on big news involving two Dow Jones Industrial Average components: Boeing and McDonald's. The current bull market and how much more stocks can continue to rally was also on investors' minds. McDonald's E. coli outbreak, Boeing earnings McDonald's shares were lower and the primary drag on Dow futures after an E-coli outbreak linked to Quarter Pounders that has killed one person and lead to dozens being hospitalized.

" Meanwhile, Boeing reported earnings before the bell and later today expects the results of vote on a contract proposal for the 32,000 striking union machinists. New CEO Kelly Ortberg will appear on CNBC in the 9 a.m. ET hour for an exclusive interview with Phil Lebeau. Tony Bancroft of Gabelli Funds, portfolio manager for its Aerospace and Defense ETF — where Boeing is the top holding — said on Worldwide Exchange that Ortberg has a 3 big issues to address.

 

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