US stock markets end higher on corporate earnings
|London | Wall Street | Asia|
(Close): US shares ended Wednesday higher as a spate of positive company earnings, including McDonalds, cheered investors.
The Nasdaq rose 21.07 points to close at 5,035.17.
McDonald's shares were one of the day's biggest winners, rising over 3% on better-than-expected first quarter earnings.
Although the fast food giant said like-for-like sales declined 2.6% in the first quarter "reflecting negative guest traffic", the company said it had a turn around plan that it will reveal on 4 May.