Oil prices have fallen for five consecutive days, with West Texas Intermediate and Brent crude down approximately 10%, contributing to a 6% decline in the S&P Energy sector. McDonald's stock is down 26% from its March peak and is approaching its 52-week low, with CEO Chris Kempczinski set to discuss the company's outlook on CNBC.
Other notable stocks include T-Mobile US, which has reached lows not seen since April 2024, and Royal Caribbean, now at a 17-month low. In contrast, CrowdStrike has hit an all-time high, with shares up 30% in the past month. Meta Platforms has also seen a significant rise, with a nearly 29% increase in September.
Upcoming earnings reports from General Mills and Manchester United are anticipated, with General Mills showing a 6.3% increase over three months and a dividend yield of 6.88%. Manchester United's stock is down 6.4% in three months but has risen 26% over six months, despite their poor performance in the Premier League