McDonald's, Starbucks, Coca-Cola fall premarket; AT&T rises

Investing.com -- US stock futures slipped lower Wednesday, as investors digested more corporate earnings amid rising Treasury yields and political uncertainty.

Here are some of the biggest premarket US stock movers today: McDonald’s (NYSE:MCD ) stock fell 6.8% after an E. coli outbreak linked to the fast food chain's Quarter Pounder hamburgers resulted in the death of one person and sickened 49 people in the U.S. AT&T (NYSE:T ) stock rose 2.8% after the telecoms giant gained more wireless subscribers than expected in the third quarter, driven by the steady adoption of its higher-tier unlimited plans that come with perks including increased hotspot data. Coca-Cola (NYSE:KO ) stock fell 2.1% after the soft drinks giant reported sluggish demand, even as higher prices meant that quarterly earnings beat expectations. Texas Instruments (NASDAQ:TXN ) stock rose 3.4% after the chipmaker reported third-quarter income that topped expectations, helped by "momentum" for electric vehicles in China. Starbucks (NASDAQ:SBUX ) stock fell 3.9% after the coffee chain reported preliminary results for its fourth quarter, posting declines in same-store sales, net revenue, and profit, driven by weaker demand in the US. Qualcomm (NASDAQ:QCOM ) stock fell 3.8% on a report longtime partner Arm Holdings (NASDAQ:ARM ) is scrapping a license allowing it to use Arm's intellectual property to design chips. Boston Scientific (NYSE:BSX ) stock rose 1.1% after the biotech firm raised its full-year earnings guidance after strong third-quarter earnings. American Airlines (NASDAQ:AAL ) stock fell 0.3% after the U.S. Transportation Department fined the carrier a record $50 million for its treatment of disabled passengers. Hilton Worldwide (NYSE:HLT ) stock fell 4.3% after the hotel chain lowered the upper end of its annual room revenue growth forecast, as some U.S. consumers cut back on domestic travel spending.

Source: Investing.com