Stock market today: US futures take a breather as Disney earnings land

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Quarterly Earnings Nouvelles

Disney,Federal Reserve,Dow Jones Industrial Average

Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.

US stocks trod water on Tuesday after a string of gains, as investors assessed Disney's earnings beat amid building hopes that interest-rate cuts are on the cards. Dow Jones Industrial Average futures stepped up roughly 0.2%, while S&P 500 futures were little changed after the benchmark scored its best three-day run in a standout 2024. Contracts on the tech-heavy Nasdaq 100 slipped into the red, down 0.1%.

Results from Disney took center stage as the media giant delivered its first quarterly earnings since winning its proxy fight with Nelson Peltz last month. The company's earnings beat Wall Street estimates as a key part of its direct-to-consumer streaming business — which includes Hulu and Disney + — turned its first profit. Its shares were little changed in pre-market trading after rising over 25% so far this year.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Stock futures gain as rally looks set to continueStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stock futures surge after soft jobs report, Apple earnings triumphSurprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Tech leads stock slide, Nvidia falls almost 4%Investors have put rate-cut worries on the backburner to focus on earnings season instead.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: 'Magnificent 7' power stock surge after CPI-fueled sell-offInvestors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »