More food brands and international chains are feeling extended pressures due to ongoing geopolitical conflicts and China's own consumer markets. Jefferies Managing Director of Equity Research Andy Barish and Bank of America Managing Director for Equity Research Bryan Spillane sit down with Yahoo Finance Live to elaborate on which multinational brands have the most exposure. "Most if not all of the exposure to the Middle East is through license or franchise. But clearly, it is the... the large multinationals like McDonald's (MCD), like Starbucks (SBUX), Yum! Brands (YUM) that in particular have seen some pushback against American brands given the conflict going on," Barish says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The latest trading day saw McDonald's (MCD) settling at $278.58, representing a -0.2% change from its previous close.
Consumer goods giant Reckitt has suffered a £7bn share price slump after it lost a US legal case claiming its baby formula contributed to the death of a premature child.