US STOCKS-Dow hits new closing high ahead of index reshuffle [Reuters]
Walt Disney Company (The) (DIS)
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Source: Reuters
Dow hits new closing high ahead of index reshuffle | Reuters 4 Min Read NEW YORK (Reuters) - Industrials led the Dow to a new closing high on Friday ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries. Trading volume spiked to the highest level since Feb. 9 in anticipation of the S&P; 500 sector change, when telecoms will be folded into a new sector called communications services, along with heavy-hitting stocks such as Facebook Inc ( FB.O ) and Walt Disney Co ( DIS.N ). While the Dow closed higher, the S&P; 500 and the Nasdaq ended the session in negative territory. The S&P; and the Dow posted weekly gains, with the Dow showing its biggest weekly percentage advance in over two months. The Nasdaq lost ground on the week. “Quadruple witching,” when stock options and futures expire, and the rebalancing of the S&P; 500 and the Russell 2000 indexes also contributed to heavier traffic. “A lot of those changes have been anticipated by the ind
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DIS
News
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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