- Stocks fell broadly as bond yields rose and oil prices increased amid uncertainty over the war in Iran.
- McDonald's (MCD) dropped 4.8% after laying out long-term financial targets and plans to spend about $8.5 billion through 2036 on menu improvements and AI modernization.
- Royal Caribbean (RCL) fell 2% after announcing a 50% ownership stake in Sandals Resorts, expanding into land-based vacations.
- Expedia (EXPE) dropped 7.7% after announcing integration with Meta Platforms' Muse; Wall Street praised the partnership.
- Broad market sell-off driven by higher yields and geopolitical risk, with individual stock movers on company-specific news.
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