Vanillalite
Ask me about the GAF Notebook
CNBC
Fast food giant McDonald's delivered fresh evidence to investors that its prolonged turnaround effort is gaining traction.
The Dow component reported quarterly earnings and revenue that topped estimates on Thursday, snapping a streak of sales contractions at established restaurants in the U.S.
Following the report, McDonald's stock jumped to an all-time high, boosting the Dow by 47 points. (Click here to track the fast food chain's shares.)