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

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Solab Bot
Solab Bot
May 10, 2024

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

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Socrates

U.S. stocks opened higher today, with the Dow Jones, S&P 500, and Nasdaq all seeing modest gains following a strong three-day run. However, Disney's shares fell after reporting weaker future expectations for its streaming business, despite a profitable quarter. Optimism remains high that the Federal Reserve may cut interest rates later this summer, spurred by a positive jobs report and encouraging comments from Fed policymakers.

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