Advertisement
Australia markets open in 5 hours 33 minutes
  • ALL ORDS

    8,022.20
    +28.10 (+0.35%)
     
  • AUD/USD

    0.6649
    -0.0002 (-0.03%)
     
  • ASX 200

    7,769.00
    +31.90 (+0.41%)
     
  • OIL

    74.09
    +0.84 (+1.15%)
     
  • GOLD

    2,374.60
    +27.20 (+1.16%)
     
  • Bitcoin AUD

    107,041.19
    +277.19 (+0.26%)
     
  • CMC Crypto 200

    1,529.98
    +56.24 (+3.82%)
     

Disney Is Rising, but This Tasty Stock Isn't So Sweet on Thursday

Disney Is Rising, but This Tasty Stock Isn't So Sweet on Thursday

The stock market moved higher on Thursday, although major market benchmarks pulled back from larger gains earlier in the morning. Investors celebrated continued slow inflation, but some persistent price pressures in the core CPI reading gave some market participants pause. One big contributor to the Dow's gain was Disney (NYSE: DIS), which reported its quarterly financial results late Wednesday.