McDonald's and General Electric Boost Stock Market

The Friday Trading day on April 20th 2012 on the New York Stock Exchange started with a rather good bit of news, as the Dow Jones, S&P 500, and Nasdaq indexes all rose up to high levels. With this early gain on Friday, the Stock Market appears to be on track for a good result to end the week. Why has this occured? We can thank two rather prominent corporations, two household names in McDonald's and General Electric

McDonald's and General Electric Post Good First Quarter Earnings to Boost Market

Two corporations known the world over have posted some great news and thus we are going to begin the Friday Trading Day with some impressive gains. While the day on Wall Street is merely beginning, this encouragement has left those trading in the Market optimistic.

First we have General Electric, who has many products out there. The result of there earnings is a staggering three billion dollars of quarterly profits. The stock is boosted, which makes those who invested in this company feel rather satisfied, as they hang onto stock options which are worth a great deal of money.

Everyone knows McDonald's and obviously many Americans in this day and age, with the break neck pace of society, find themselves eating fast food. The golden arches continued to rise to the top, with seven percent higher profits in their trading. One does not have to look hard to see that this result has boosted the stock value for McDonald's.

Both McDonald's and General Electric have found prominent gains in their stocks today based on their quarterly earnings. These reports resulted in a wave of optimistic trading right through the stock market, with many experts feeling that this could be sustained throughout the day. As a result, the week could end on a high note.