Investors are coming off a down session for the major averages Tuesday. Wendy's slipped more than 2.2% in premarket trading after the fast-food chain reported worse-than-expected revenue in the second quarter. The company saw $561.6 million in the quarter, while analysts polled by FactSet anticipated $566.2 million. But the company beat forecasts on earnings per share by 1 cent with 28 cents earned, excluding items.
slipped more than 2.2% in premarket trading after the fast-food chain reported worse-than-expected revenue in the second quarter.
He added that declines below 4,450 "should be purchased, while rallies above 4550 are to be faded, but the sideways pattern will likely persist for a bit."China consumer prices in July fall for first time in over 2 years
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