US STOCKS-Disney lifts Dow, S&P 500 to records while trade tensions cast shadow [Reuters]
Walt Disney Company (The) (DIS)
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Source: Reuters
Disney lifts Dow, S&P 500 to records while trade tensions cast shadow (Reuters) - The Dow Jones Industrial Average and the S&P 500 posted record closing highs on Wednesday helped by a big jump in Walt Disney shares, but the Nasdaq fell as stocks were kept in check by fresh uncertainty over U.S.-China trade relations. The Wall Street Journal reported during the session that U.S.-China trade negotiations have hit a snag over farm purchases, the latest development in a dispute between the two countries that has convulsed markets for more than a year. The three indexes had all drifted higher earlier in the day after Federal Reserve Chairman Jerome Powell said U.S. central bankers see a “sustained expansion” ahead for the country’s economy. Stocks have recently climbed to record levels, fueled by Fed interest rate cuts, third-quarter earnings exceeding low expectations and signs the economy is bottoming. But questions about an initial agreement to help resolve the U.S.-China trade dispute
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DIS
Earnings
- 2/7/24 - Beat
DIS
Sec Filings
- 4/17/24 - Form 8-K/A
- 4/9/24 - Form 8-K
- 4/3/24 - Form 8-K
- DIS's page on the SEC website