Stock Market Today: Dow Rises, Snowflake Gains, eBay Drops

Stock Market Today: Dow Rises, Snowflake Gains, eBay Drops

Text size Wall Street continues to center on how aggressive the Federal Reserve will be in boosting interest rates. Angela Weiss/AFP via Getty Images US stock indexes opened in the green on Tuesday, extending a string of gains that began last week. Optimists believe that a bottom had been found after a brutal start to … Read more

At Cannes Ad Festival, Marketers Brace for Economic Impact

At Cannes Ad Festival, Marketers Brace for Economic Impact

Concerns about the world economy and the war in Ukraine were never far from the surface at this week’s Cannes Lions International Festival of Creativity, a normally annual ad festival in the South of France that had not met in since the Covid-19 pandemic person began. But that unease didn’t stop marketers, ad sellers and … Read more

Disney is seeing ‘resilient’ theme-park attendance despite turbulent economy, says analyst

Disney is seeing ‘resilient’ theme-park attendance despite turbulent economy, says analyst

In the face of turbulent economic times, Walt Disney Co.’s theme-park business could still see some magic. Bank of America’s Jessica Reif Ehrlich wrote Thursday that attendance at Disney DIS, -0.33% parks “remains resilient despite recent macro volatility as visitors rarely cancel trips once booked.” She added that the company’s move to cancel Disneyland annual … Read more

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited US stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , and Darden Restaurants on Thursday; and CarMax … Read more