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Futures Rise On Earnings Optimism, Disney Climbs On Revamp Plan

U.S. stock index futures rose on Thursday as a slew of strong quarterly Earnings lifted sentiment after worries that the Federal Reserve will keep interest rates higher for longer had fueled losses on Wall Street a day earlier. Walt Disney Co (DIS.N) climbed 6.6% in premarket trading after topping earnings estimates and announcing 7,000 job cuts as part of an effort to save $5.5 billion in costs and make its streaming business profitable. Casino stocks Wynn Resorts (WYNN.O) and MGM Resorts International (MGM.N) gained about 5% each after reporting fourth-quarter results, with Wynn indicating a meaningful return of visitation and […]

The post Futures Rise On Earnings Optimism, Disney Climbs On Revamp Plan appeared first on Vladimir Ribakov.



This post first appeared on Professional Forex Trader And Mentor, please read the originial post: here

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Futures Rise On Earnings Optimism, Disney Climbs On Revamp Plan

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