Stocks rise, return to June's winning ways, as Disney shares outperform
Friday, 14 June 2019 03:15 WIB | MARKET UPDATE |Saham AS

Stocks rose on Thursday on the back of strong gains in Disney and energy shares, building on this month™s sharp rally.

The Dow Jones Industrial Average climbed 101.94 points to 26,106.77 as Disney shares outperformed. The S&P 500 gained 0.4% to close at 2,891.64, led by the energy sector. The Nasdaq Composite advanced 0.6% to 7,837.13.

Disney shares contributed to the gains, rising 4.4% after an analyst at Morgan Stanley raised his price target on the stock to $160 per share from $135. The analyst cited the company™s new streaming service, noting it could give its global subscriber numbers a boost.

Source: CNBC

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