Stock Market Today: Stocks get US-China trade talk boost with Fed in focus
Stocks are looking to their first gains of the week but need to navigate a trick Fed rate decision later in the session.
U.S. equity futures moved elevated in early Wednesday trading, while the buck snapped it fresh bustle of declines and Treasury yield steadied, as traders regarded to a key Federal Reserve policy assembly buoyed by nascent commerce talks between Washington and Beijing.
Up to date at 7:17 AM EDT
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Walt Disney (DIS) shares powered elevated in early trading after the media and leisure neighborhood posted better-than-expected March-quarter earnings thanks to sturdy features in its streaming and parks division.
Disney earned $1.45 per share for its fiscal 2d quarter, topping Wall Side dual carriageway forecasts by 25 cents, with general revenues rising to $23.6 billion.
Streaming subscribers had been largely flat to closing year's levels at 126 million, nonetheless general leisure revenues had been up 9% to $10.68 billion. Parks revenues rose 6% to $8.9 billion.
Disney shares had been closing marked 5.4% elevated in premarket trading to current a gap bell mark of $97.25 every.
Disney $DIS sees FY 2025 adj EPS $5.75, above consensus
2Q adj EPS $1.45 vs $1.20 consensus
Shares +6.5% pic.twitter.com/vMkUCtHfdA— Mike Zaccardi, CFA, CMT
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