Union Pacific Corp. closed 4.10% below its 52-week high of $258.66, which the company reached on February 26th.
McDonald's Corp. closed 10.53% short of its 52-week high of $317.90, which the company reached on October 21st.
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Stocks took a leg up after Trump said Thursday in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.” ...
Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less influence on interest rates.