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Economy, Stocks

“Dow closes at record high as Disney pops more than 7%”

“The Dow Jones Industrial Average hit an all-time high on Wednesday as Disney shares popped while investors digested testimony from the top-ranking Federal Reserve official. 

The 30-stock average closed 92.10 points higher, or 0.3% at 27,783.59, notching intraday and closing records. Disney jumped 7.4% after the media giant said its Disney+ streaming service got more than 10 million sign-ups after launching on Tuesday.

Meanwhile, the S&P 500 eked out a record closing high, its 20th of the year, ending the day up 0.1% at 3,094.04. The Nasdaq Composite, however, closed just below the flatline at 8,482.10…” 

https://www.cnbc.com/2019/11/13/dow-futures-fed-chair-jerome-powell-speech.html

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