US stock market ends higher as rising mining stocks offset weak McDonalds

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email NEW YORK, N.Y. – The U.S. stock market is closing at a record high despite a disappointing quarterly performance from McDonald’s.A big week for corporate results began Monday with second-quarter earnings for the hamburger chain falling short of Wall Street’s expectations.But the price of gold broke above the $1,300 mark for the first time in a month, and gave mining stocks a lift. Gold rose $43.10, or 3 per cent, to $1,336 an ounce.The Standard & Poor’s 500 index rose three points to 1,695, a record high. The Dow Jones industrial average closed up one point to 15,545. The Nasdaq composite was up 12 points at 3,600.McDonald’s says economic uncertainty for its customers weighed on results and it warned of a tough year ahead. The company’s stock price was down 2.7 per cent. by The Associated Press Posted Jul 22, 2013 4:19 pm MDT US stock market ends higher as rising mining stocks offset weak McDonald’s earnings read more

Oxford University must investigate sexual harassment by staff on students amid fears

The report, commissioned by Oxford, criticised secretive drinking societies and so-called… An unpublished report written by Baroness Kennedy, obtained by The Telegraph under Freedom of Information laws, recommended last July that a review of staff discipline was taken “very soon”. Baroness Helena Kennedy QC, head of Mansfield College Oxford, warned the problem could be more than twice as bad as the figures suggest, and urged Oxford to launch an inquiry. Oxford University must urgently investigate sexual violence and harassment against students by staff, one of Britain’s top lawyers has said, as new figures reveal that five dons have been disciplined over their behaviour in the last two years. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. read more