Also, long liquidation ahead of this afternoon’s speech from Fed Chair Powell is weighing on stock prices ... Some positive corporate news today is bullish for stocks. Walt Disney is up more than +10% ...
Meanwhile, Fed Chair Jerome Powell is set to deliver a speech about the economy at an event hosted by the Dallas Regional ... trading after Barclays upgraded the stock to Equal Weight from Underweight ...
The financial performance of Disney's entertainment business stole the show, no pun intended. Its sales surged 14% on the back of strong performance from Inside Out 2 and Deadpool & Wolverine.