If you thought the second quarter would go off without a hitch like the first quarter did, the Federal Reserve suggests you think again. The stock market couldn't sustain yesterday's gains and then lost even more ground this afternoon after the Fed released the minutes from its March meeting. With concerns that economic growth isn't strong enough to support stronger employment, stocks lost one source of their recent support. At around 2:45 p.m. EDT, the Dow Jones Industrials
One stock bucking the downtrend was McDonald's
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Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter here. The Motley Fool owns shares of Wal-Mart. Motley Fool newsletter services have recommended buying shares of Wal-Mart and McDonald's, as well as creating a diagonal call position in Wal-Mart. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.
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