Stocks Flucatuated as Trump Targeted Trade

U.S. stocks fluctuated in the early trading on Monday as President Donald Trump will focus on protectionist trade policies that could dampen growth. The Dow Jones Industrial Average lately fell 14.38 points, or 0.07%, to 19,812.87. The S&P 500 shed 1.95 points, or 0.09%, to 2,269.36. The Nasdaq Composite was up 3.80 points, or 0.07%, to 5,559.13.

McDonald’s Corp. posted better-than-expected global same-store sales in the latest quarter, but its results in the U.S. declined as enthusiasm for its all-day breakfast options leveled off. For the quarter that ended in December, the burger chain’s global comparable sales increased 2.7%. In the U.S., comparable sales fell 1.3%.

U.S. supermarket operator Kroger Co said on Monday it would fill 10,000 permanent positions in its supermarket divisions.

Foxconn Technology Group is considering building a display-panel manufacturing facility in the United States in a joint venture with Apple Inc. that could create up to 50,000 jobs, the company’s chairman said Sunday.