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Added on the 04/02/2019 17:43:55 - Copyright : Wochit
On Thursday, Disney previewed dozens of new series and movies for its Disney+ streaming service. According to CNN, investors are loving it. On Friday, shares of Disney jumped 11% to a new all-time high. The stock is now up nearly 20% this year. It's an astonishing achievement since the pandemic wreaked havoc on Disney's theme park business. It also forced its movie studios to delay big releases in theaters.
Tokyo, May 28 (EFE/EPA).- Jpan's stock benchmark Nikkei on Thursday rose to a three-month high following optimism on the global economy. The Nikkei average gained 497.08 points, or 2.32 percent, to 21,916.31 at closing. (Camera: FRANCK ROBICHON). SHOT LIST: STOCK MARKETS INDICATOR BOARD IN TOKYO, JAPAN.
According to Reuters, a global gauge of stock markets fell below a two month low. On May 29th, MSCI's all-country world stock index fell about 1-percent with losses stretching across Asia, the US, and Europe. In Europe, the Stoxx 600 index fell 1.4-percent, while the euro was steady after two days of losses. On Wall Street, the top three markets on the New York Stock Exchange lost about 1-percent each. The Dow Jones Industrial Average plunged 270-points, dropping over 1-percent.
The Dow Jones Industrial Average broke above 20,000 points at the New York Stock Exchange for the first time Wednesday morning, setting a new record on Wall Street. The second-oldest stock market index in the US nearly reached this landmark on two previous occasions before reaching the once evasive mark at the opening bell. At the trading day's closing bell, the index had set a record high of 20,068. The DJIA, also known as the Dow 30, measures the performance of the 30 largest publicly owned companies trading in the US. Apple, Goldman Sachs and ExxonMobil are among some of those companies.
Stocks moved higher after Fed Chair Janet Yellen indicated a rate hike was still very much in the cards, but took out specifics on the timing of that hike. Bobbi Rebell reports.
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