Wall Street headed quietly higher early Wednesday as investors took in new earnings reports, according to the Associated Press.
Futures for the S&P 500 rose 0.2%, while futures for the Dow Jones Industrial Average and Nasdaq ticked up 0.3% and 0.2%, respectively.
McDonald’s climbed nearly 4% after beating Wall Street’s second-quarter sales and profit targets, buoyed by its Minecraft-themed meal promotion and a surprising jump in same-store sales.
Rivals like Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut, missed revenue targets with same-store sales declining 5% in the U.S.
Disney lost 2% despite the entertainment company’s profit and revenue jump in the fiscal third quarter as it added subscribers to its streaming service and its domestic theme parks saw strong performance.
Ride-hailing and delivery service Uber was up 1.6% after beating analysts’ sales and profit targets. The company’s shares are up more than 40% this year.
In energy trading, benchmark U.S. crude ticked up 97 cents to $66.13 per barrel. Brent crude, the international standard, added 98 cents to $68.62 per barrel.
