Disney shares were the biggest boost to the Dow and S&P; 500, surging 13.59% after the media company announced more content for its streaming services.
PPI is weaker than expected
Morgan Stanley raised their stock price forecast on Walt Disney to $175 from $160, assigning an “Overweight” rating and said the entertainment company will lay out a vision for a more substantial streaming business, increasing investment spending and long-term targets in its Investor Day 2020 on December 10.