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Stock Market Today: Dow Falls As Trump Signs Shutdown Bill; Disney Sells Off (Live Coverage)
Futures for the Dow Jones Industrial Average and the other major stock indexes traded lower in premarket action Thursday after President Donald Trump signed a funding bill to end the government shutdown.
Shares of Walt Disney Co. were tumbling Thursday after reporting its latest quarterly earnings, making the stock the worst performer in the Dow Jones Industrial Average in morning trade, according to FactSet data,
Walt Disney (DIS) stock is sharply lower before the open, after the company's mixed fiscal fourth-quarter results
Disney’s direct-to-consumer business provided a bright spot, with operating income rising US$99 million to US$352 million. Six years after launching the Disney+ video-on-demand service, which suffered billions in losses during its early years, the group has turned it into a significant source of profit.
The network-equipment company raised its earnings outlook, helped by demand for AI products. Shares jumped 4.5%, nearing a [dot-com era record](
Disney beat earnings estimates with $1.11 per share and raised its dividend 50% while streaming profits jumped 39%.
Walt Disney Company (NYSE:DIS) shares are trading higher on Wednesday ahead of earnings set to be released before the market open on Thursday. Here's what you need to know before the report.
Major U.S. equities indexes pulled back Thursday, a day after President Donald Trump signed a funding bill to end the longest federal shutdown in U.S. history.
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