Dow, S&P close at records as Disney offsets drop in sentiment
NEW YORK, Aug 13 - The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.Walt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability."That
Some of the stocks that may grab investor focus today are:
Wall Street expects Kellogg Company (NYSE: K) to report quarterly earnings at $1.02 per share on revenue of $3.41 billion before the opening bell. Kellogg shares fell 0.1% to $61.96 in after-hours trading.
Amazon Reports Earnings Thursday. Expect a Blowout.
Amazon reports earnings after Thursday’s closing bell. Expect a blowout.Another is that Amazon’s competitors have already reported solid numbers.Shopify, arguably one of the company’s most important rivals in e-commerce,posted better-than-expected results for the June quarter, noting that sustained digital commerce trends and U.S. stimulus checks in March and April drove revenues above expectations. Strong reports from Alphabet,Snap and Twitter suggest Amazon will post accelerating growth in its